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Build your dream home on this rare canal-front lot at 545 Suwanee Circle. Offering 108 feet of waterfrontage along the canal and situated on a spacious 0. 32-acre lot (approximately 13, 939 sq ft), this property boasts direct access to the Bay, perfect for waterfront living. Originally built in 1949, the existing structure experienced water intrusion and is being sold AS IS for land value, presenting an exceptional opportunity to create a custom waterfront estate. Surrounded by multi-million-dollar properties, this is your chance to design a luxury residence in one of Tampa’s most sought-after neighborhoods. Located in a NO HOA and NO CDD community, Davis Islands offers an unbeatable lifestyle: a vibrant, golf cart-friendly village with popular restaurants, coffee shops, boutiques, parks, playgrounds, marinas, sailing and yacht clubs, a private airport, community pool, clay tennis courts, dog parks, and a public boat ramp. Essential services, including Tampa General Hospital, a fire station, and a post office, are all conveniently nearby. Located within the highly rated Gorrie, Wilson, and Plant school district, and just minutes to Downtown Tampa, Bayshore Boulevard, Hyde Park Village, Riverwalk, Sparkman Wharf, and Tampa International Airport, this property offers both luxury and convenience. Waterfront properties on Davis Islands are always in high demand. Don’t miss this incredible opportunity to enjoy the ultimate island lifestyle. Call today to explore the endless potential!
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$2,200,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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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 | $1,760,000 | $1,760,000 | $1,760,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.440% | 6.110% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $10,132 | $10,552 | $14,615 |
| Total Monthly Payment | $10,257 | $10,677 | $14,740 |
* 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.