|
Located in the highly coveted Belle Vista neighborhood of St. Pete Beach, this waterfront property presents a rare and versatile opportunity for the discerning buyer. Situated on a generous lot with 60 feet of street frontage, the property transitions into an impressive 91 feet of concrete seawall, complete with a 20' x 11' private dock that is only five years old. Whether you are a dedicated boater or simply seeking expansive water views, this site offers the premier coastal lifestyle that defines the area.
The existing single-family home took on water during Hurricane Helene, but it has since been fully and professionally remediated. To ensure a clean transition for the next owner, the interior currently features a 24" hurricane cut, providing a transparent view of the home's bones and a head start on any future work. This property is uniquely positioned to providing two distinct paths: it can be fully renovated or utilized as a prime tear-down site for a custom-built masterpiece.
For those looking to restore the home, the estimated renovation costs are expected to remain well below half of the pre-storm market value, allowing for a modern interior update while avoiding the requirement to elevate the structure. Alternatively, for those envisioning a new build, demolition costs are estimated in the $20, 000 range, making it a streamlined process to clear the lot for a brand-new residence. Nestled just minutes from the Don CeSar and the world-class sands of St. Pete Beach, this property is a blank canvas waiting for its next chapter in one of Florida's most desirable beach communities.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,050,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $840,000 | $840,000 | $840,000 |
| 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 | 6.165% | 6.007% | 5.972% |
| Monthly Tax Payment | $445 | $445 | $445 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $4,769 | $4,969 | $6,975 |
| Total Monthly Payment | $5,339 | $5,539 | $7,545 |
* 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.