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Developers, Investors or just DIY home-owner end users. Huge Opportunity on this private wonderfully located serene property with some waterfront in the heart of Clearwater on up to 2 acres . . . that is a full remodel. For approximately $250, 000 you can make it look like next door at 2402 Pine Hammock and either live-in or sell as there's a lot of room for profit based on LTV in this very private and secluded neighborhood with great access to all your needs as comps in the neighborhood just went over $3, 000, 000 with the property at 2420 Kent Place just sold for $3, 055, 000 and 2316 Kent Place just sold for $2. 495m. This one could go at $3. 995m with full overhaul and/or new build or if you are just going to do a $250, 000 remodel and make look like next door, easily $2. 595m. Come take a look while you still have the chance before it goes. Luxury Investors/Developers small amount of owner financing to help with remodel/new build. Dream Home Opportunity Awaits! Are you ready to turn your vision into reality? This almost 2-acre lot, nestled in a serene subdivision, is your blank canvas! Located right by a tranquil lake that does not go up or go down, as no flood insurance needed, this spacious property is ideal for those looking for a fixer-upper or a place to create their dream home.
As you enter the charming neighborhood, you'll be greeted by well-maintained homes and generous lot sizes, providing a peaceful and inviting atmosphere. The property features a unique 4-bedroom, 3, 597 sq. ft. home, complete with 5 bathrooms, a 2-car garage, and an inground pool within an enclosure—perfect for relaxation and entertaining.
While the true value lies in the land, the solid bones of the home have plenty of potential for renovation. Imagine customizing your living space to suit your lifestyle, all while enjoying ample room to roam and explore.
Don’t miss out on this rare opportunity to own a spacious property in a prime location on Florida's beautiful West Coast, complete with recreational amenities and a welcoming community. Schedule your private showing today, and let your imagination run wild in this wonderful setting! Quick access to all your needs on shopping, restaurants, entertainment, airports, Tampa and Downtown St Petersburg areas.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,576,000
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 | $1,260,800 | $1,260,800 | $1,260,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.110% | 5.972% |
| Monthly Tax Payment | $1,180 | $1,180 | $1,180 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,159 | $7,559 | $10,470 |
| Total Monthly Payment | $8,464 | $8,864 | $11,775 |
* 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.