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Rare Corner Waterfront Lot on Davis Islands – A Prime Opportunity This exceptional corner lot on the open bay in Davis Islands, one of South Tampa’s most desirable waterfront communities, offers a rare opportunity to build your dream home. Situated in a prime waterfront location, this property allows you to design a custom residence that maximizes breathtaking bay views, stunning sunsets, and the beauty of island living. With 55 feet of pristine waterfrontage, this homesite provides direct access to the bay, while offering spectacular views from your future upper levels and rooftop deck. For those seeking even more space and possibilities, the adjacent lot is also available ((MLS Number: TB8465971), allowing you to own one or both properties and create an extraordinary waterfront estate. A Lifestyle Like No Other Davis Islands is known for its exclusive waterfront lifestyle, offering a wealth of recreational amenities, including a yacht club, private airport, tennis complex, community pools, parks, and a charming downtown area filled with boutique shopping and dining. With top-rated schools and proximity to Water Street, Riverwalk, major sports venues, and world-class entertainment, this is your chance to experience luxury waterfront living at its finest. Don’t miss out on this rare opportunity. The lot next to it (604 Channel Dr) is for sale as well. TB8465971. Buy both and save
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $1,080,000 | $1,080,000 | $1,080,000 |
| 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 | 6.241% | 6.007% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,132 | $6,389 | $8,968 |
| Total Monthly Payment | $6,257 | $6,514 | $9,093 |
* 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.