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***Multiple offers - Seller requests all highest and best offers due by 5 p. m. on Thursday, November 20th. *** Welcome to this exceptional waterfront property on Indian Bluff Island in Palm Harbor, offering 4 bedrooms, 4½ bathrooms, and a 3-car garage. Perfectly positioned to capture the beauty of its surroundings, this home features breathtaking water views from the living room, primary bedroom, and kitchen — creating an atmosphere of tranquility and endless possibilities. With its impressive setting and layout, the property represents an outstanding opportunity for renovation or redevelopment in one of Pinellas County’s most sought-after coastal enclaves.
The main living area on the second floor showcases an expansive kitchen with a breakfast nook surrounded by large windows framing the serene waterfront, providing the perfect backdrop for morning coffee or evening gatherings. The open-concept great room includes a sunken living area, a wet bar, and a double-sided fireplace shared with the primary bedroom, all designed to take advantage of the home’s remarkable views. The split-bedroom plan enhances privacy, featuring two guest suites each with their own baths, a fourth guest room, and a full hall bath for added convenience. A laundry room is located on this level, and an elevator provides access between floors.
The ground level offers garage and bonus spaces where drywall has been removed due to storm-related damage, believed to have occurred during Hurricane Milton. The home will require repairs, with the inground pool currently covered, but its structural footprint and premium location make it an ideal candidate for transformation. Whether fully remodeled or reimagined, this property provides the rare opportunity to create a spectacular custom home tailored to your vision — all while enjoying panoramic water views and the serenity of waterfront living.
Nestled on Indian Bluff Island in Palm Harbor, residents enjoy proximity to Honeymoon Island State Park, area beaches, local marinas, charming downtown Palm Harbor, and a variety of shops, restaurants, and recreational destinations along the Gulf Coast. This property combines location, potential, and natural beauty — a truly unique find for those seeking to invest in or design their dream home on Florida’s west coast.
This property is being sold as-is. All information is believed to be accurate but is not guaranteed. Buyers and their agents are encouraged to verify any and all information that is deemed important to their purchase decision.
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William Raveis Mortgage, LLC
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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 | $1,036,000 | $1,036,000 | $1,036,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.477% | 6.133% | 6.038% |
| Monthly Tax Payment | $2,267 | $2,267 | $2,267 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,046 | $6,211 | $8,673 |
| Total Monthly Payment | $8,438 | $8,603 | $11,065 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.