11280 8th STREET E, Treasure Island, FL, 33706 | $999,000

A boater’s paradise on a wide, open, deep-water canal within minutes to John’s pass and direct access to the Gulf of Mexico. Impeccably kept and maintained, this 2-bedroom, 2-bathroom home has more square feet than most 3-bedroom homes. The low property taxes make the property easy to purchase, move in, and modernize at your pace while earning equity creating the dream home you always envisioned. Under the carpet are the original terrazzo floors, adding a touch of nostalgia. The roof isn’t shingle but concrete tile, one of the only roofs known to last a lifetime. The garage is oversized with 459 sq feet and includes the water heater, washer, dryer and water softener without crowding two cars. The in-ground pool and deck overlook wide water, fish off the dock or take your boat out to the Gulf of Mexico, no waiting for bridges, just straight out to the open ocean. This property is the ideal mix of location, layout and potential.

Features

  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Lot Size: 70 x 120
  • Laundry: In Garage
  • Style: Ranch
  • Year Built: 1965
  • Garage: 2-car Driveway, Garage Door Opener, Garage Faces Side, Parking Pad
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,662
  • Acreage: 0.19
  • Lot Size: 70 x 120
  • Est. Taxes: $4,768
  • Lot Desc: Cul-De-Sac, Flood Insurance Required, FloodZone, City Lot, In County, Landscaped, Level, Near Marina, Near Public Transit, Sidewalk
  • View: Pool, Water
  • Pool: Gunite, In Ground, Pool Sweep
  • Pet Policy: Yes
  • Appliances: Dryer, Electric Water Heater, Range, Range Hood, Refrigerator, Washer
  • MLS#: U8235707
  • Days on Market: 35 days
  • Website: https://www.raveis.com
    /eprop/U8235707/112808thstreete_treasureisland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/15/2024 1:27:42 AM)

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NMLS Mortgage Loan Originator ID 1500191

617.281.4872

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11280 8th STREET E, Treasure Island, FL, 33706

$999,000

Thomas Lomenzo

Sales Associate

William Raveis Real Estate

Phone: 508.332.8842

Thomas.Lomenzo@raveis.com

Kate Rockett

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 617.281.4872

Kate.Rockett@raveis.com

NMLS Mortgage Loan Originator ID 1500191

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $799,200 $799,200 $799,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.875% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.877% 7.014% 7.041%
Monthly Tax Payment $397 $397 $397
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $5,452 $5,250 $7,128
Total Monthly Payment $5,941 $5,739 $7,617

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.