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COASTAL WATERFRONT OPPORTUNITY! . Located blocks from the beach in TREASURE ISLAND'S ISLE OF PALMS neighborhood. The property offers 3 bedrooms, 2 bathrooms, 2 car garage, and a Florida Room of nearly 400 SF. This home sits on a 70' by 120' lot. with plenty of room to add a pool in the future. With DEEP WATER ACCESS to the Gulf, the seawall was replaced in 2014 and private composite dock with water/electric was replaced in 2017. This MOVE IN READY HOME and has been remediated and renovated in the wake of Hurricane Helene. All permits and inspections have been filed and completed. The renovation included new drywall, baseboards, upgrades to electric and plumbing, entry doors to the garage, laundry room and fresh paint throughout. The BRAND-NEW GOURMET KITCHEN features all new cabinets, quartz counters, tile backsplash, new LG stainless steel appliances, stainless steel Kohler sink and professional sprayer faucet. The primary bedroom features sliding doors on the Florida Room and all new luxurious bath with vanity and walk-in tile shower. The second and third bedrooms feature ample sized rooms with terrazzo floors of which either can be converted to an office. The second bath features new large tile, vanity and bath/shower combo. The dining room/family room is an ENTERTAINER'S DREAM with open views to BOCA CIEGA BAY. The home has a newer roof (2019), brand new water heater, new AC unit in the Florida Room and has poured terrazzo floors throughout the home (no carpet). The exterior has been painted and landscaped. Seller's Flood Insurance was renewed in August and is transferable. A short walk to the Gulf's spectacular white sand beaches. Enjoy all that Treasure Island and the Gulf has to offer, swimming, sunbathing, fishing, boating and water sports. With easy access to restaurants, shopping and nightlife this home offers an incredible opportunity to live in or invest in one of Southwest Florida's premiere waterfront beach communities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,125,000
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 | $900,000 | $900,000 | $900,000 |
| 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 | 6.154% | 5.996% | 5.932% |
| Monthly Tax Payment | $1,174 | $1,174 | $1,174 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,110 | $5,324 | $7,474 |
| Total Monthly Payment | $6,409 | $6,623 | $8,773 |
* 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.