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**Property being sold demolished; with permittable ready-to-build plans!** This Redington Beach home, nestled on a point lot with 87 feet of waterfrontage across nearly 8, 000 square feet, offers unobstructed, breathtaking views of Boca Ciega Bay. Though significantly impacted by the 2024 hurricanes and being sold as is, its prime location is undeniable. Situated on picturesque Redington Drive, just four blocks from the beach, this property boasts yacht and sailboat parking availability. The seawall is fortified with a concrete cap, ensuring durability. Both sides of the property are securely gated and fenced through the backyard, with "wings" extending over the seawall, providing both privacy and protection. The expansive backyard also presents an ideal setting for an in-ground pool, allowing you to create your own waterfront oasis. Beyond the property's allure, Redington Beach enhances the coastal lifestyle with exclusive "residents only" Gulf-front beach access. This private amenity includes convenient parking, an outdoor shower, and comfortable seating, all for the enjoyment of its residents. The city further complements this vibrant community with access to basketball and shuffleboard courts, and a playground. This is an unparalleled opportunity to bring your vision to life and own a piece of paradise in one of the most desirable areas of the beaches.
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:
$975,000
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 | $780,000 | $780,000 | $780,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.259% | 6.183% |
| Monthly Tax Payment | $1,001 | $1,001 | $1,001 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,676 | $4,739 | $6,582 |
| Total Monthly Payment | $5,769 | $5,832 | $7,675 |
* 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.