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Wow, Dock completely restored all new mechanicals, deck restoration, electrical, pedestal replaced, lighting the dock is like new!! Also, owner said do an inspection and fix all items on the report! 8425 Flagstone Drive, has a newly repainted exterior and is a true waterfront gem that has been restored to greatness. It is located in Tampa’s desirable Bay Crest Park community. Situated on a 100-foot wide saltwater canal with direct access to Tampa Bay, community has its own private boat ramp. This property offers the ultimate Florida lifestyle—whether you're boating, entertaining, or exploring its strong potential as a short-term rental investment. Step outside to your private dock, complete with 13, 000 lb remote control boat lift and durable composite decking, making it easy to launch for a short cruise to popular waterfront dining destinations with no bridges to navigate. The backyard is a tropical paradise, featuring a resort-style heated pool, covered gazebo, putting green, a sandy beach area, and lush landscaping. Inside, the chef’s kitchen is a showstopper, equipped with stainless steel appliances, leathered marble countertops, ceramic tile backsplash, island seating, and a wet bar. This spacious home includes two master suites one upstairs and one downstairs. The converted 2-car garage has been transformed into a large game room, adding even more room to live and play. Other highlights include a new roof (2022) and an unbeatable location in a NO-HOA neighborhood. Don’t miss this rare opportunity to own a versatile waterfront property that checks all the boxes for luxury living, entertaining, and income potential. Live in it, great for a family or multi-generational family with 2 masters, use it as a second home for family and friends to get away from the cold winters and or rent it as a short term rental as there is no HOA this property does it all come live the Waterfront Lifestyle you have always dreamed about !! Furnishings can be included !
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,299,999
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 | $1,039,999 | $1,039,999 | $1,039,999 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.142% | 5.972% | 5.826% |
| Monthly Tax Payment | $1,212 | $1,212 | $1,212 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,905 | $6,152 | $8,567 |
| Total Monthly Payment | $7,242 | $7,489 | $9,904 |
* 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.