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Prime Vacant Lot in Redington Shores – Build Your Dream Home only one block from the beach. This probate listing is currently in process, offering a unique opportunity to secure a vacant residential lot in one of the most desirable beachside communities on Florida’s Gulf Coast. Priced to sell, the seller prefers to sell this lot together with the adjacent parcel directly behind it on 2nd Street, creating the potential for a larger build or dual development.
Just one block from the pristine beaches of the Gulf of Mexico. Centrally located in Redington Shores, minutes from Madeira Beach and John’s Pass Village. Easy access to shops, restaurants, and nightlife. Hop on the Beach Trolley to explore Clearwater, Treasure Island, and St. Pete Beach. Take the SunRunner Express to vibrant downtown St. Petersburg.
Zoned R-2 Residential, Ideal for an elevated single-family home, townhome, second home, or investment property. Combine with the adjacent lot (LOT 18 & S 20FT OF LOT 19 – Parcel ID: 313015885060040180) for expanded possibilities. Variance may be required from the city to combine the two lots. Whether you're envisioning a personal beach retreat or a savvy investment, this lot offers the perfect canvas in a thriving coastal community.
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Our Executive Mortgage Banker:
Our Insurance Division:
$279,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $223,920 | $223,920 | $223,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.990% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.285% | 6.132% | 5.415% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,271 | $1,341 | $1,785 |
| Total Monthly Payment | $1,346 | $1,416 | $1,860 |
* 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.