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Motivated Seller. Almost Heaven, Terra Ceia translates to "Land Heavenly ". This home is located at the very end of Burns Rd, It has 128. 8 directly on Tillet's Bay and 209. 66 at the mouth of the canal. This 1/2 of an acre is also on a Cul de sac and on a private Road. There is a boat ramp and a dock that had been rebuilt, but the last 2 hurricanes did damage. Terra Ceia Island is located at the Southern terminus of the Skyway Bridge. It is an island seeped in history. One only has to take a meandering drive to appreciate the peace and beauty of the island. It is a nature lovers dream where you still can see the big blue herons, the pelicans, rabbit's, racoons, and one of the last nesting areas for the roseate spoon bills. It is also a fisherman and boaters paradise. It is in the heart of the Aquatic Preserve. The preserve is designated as pristine waters & is recognized as one of the most undisturbed areas in all of fl. The preserve is 4200 acres surrounding the island which ensures the continuation of the natural beauty of the area for the future. Terra Ceia is located at the mouth of Tampa Bay, between St. Petersburg and Bradenton. The island is approx. 1 mile wide & approx. 3 miles long. It is connected to the mainland by 3 bridges. Terra Ceia has permission to ride golf carts on the island. There are no HOA fees, but the Village Improvement Association owns a community hall where parties, meetings & many activities take place. They also have a Park called the Seabreeze Park with a private gate, Restrooms, Pickle Ball Court, Pavillion, Picnic tables & a playground. Any resident on the Island can join in on all of the fun for $250. 00 a yr. This Key West style home features a foyer on the 1st floor, a great room on the 2nd floor with French doors leading to the walk around deck. The washer & dryer are also on this floor as well as the primary bedroom & bath. The 2nd Bedroom is a split area from the Primary Suite. This, en suite also has French doors to the deck. The 3rd floor has a large bedroom also with a bath and doors going to the deck. This would be a perfect area for guests to have their own privacy or young person. This home has had only 1 owner that had it built & can easily be up graded to the buyer's preferences. Fla Power & Light are going to be putting the utilities underground.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $920,000 | $920,000 | $920,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.007% | 5.952% |
| Monthly Tax Payment | $1,153 | $1,153 | $1,153 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,224 | $5,442 | $7,640 |
| Total Monthly Payment | $6,502 | $6,720 | $8,918 |
* 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.