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Auction Property. LIST PRICE IS FOR MLS PURPOSES ONLY. ACTUAL PRICE WILL BE DETERMINED AT AUCTION. ONLINE AUCTION ENDS FEB. 25 AT 11 AM ET. This elevated, three-story, custom-built 4±BR/4. 5±BA home in the sought-after island community of Tierra Verde contains over 5, 000 square feet of luxurious living with stunning Gulf views and exceptional outdoor space. Designed for both entertaining and everyday comfort, the home features double-height ceilings, an open kitchen with dual oversized islands, multiple ensuite bedrooms, and a private primary bedroom with sunset views. The expansive 3, 400+sf garage provides plenty of room for cars, toys, or a home gym, while the sizable . 32± acre lot offers space to create a backyard oasis. Situated in an unbeatable location near marinas, top beaches, historic Fort De Soto, and just minutes from renowned Downtown St. Pete, this property delivers the ultimate laid back coastal lifestyle while reaping the amenities of a thriving metropolis. This feature packed home includes: pavered circular drive with grand portico entry; an open-concept layout with water views and plentiful natural light throughout; stunning living room featuring double-height ceiling, fireplace, and curved staircase; wrap around decks on both upper floors with access from all bedrooms; massive garage with workshop/storage area; primary suite which features a sunken jacuzzi tub, large walk-in shower, double vanities, and an oversized walk-in closet; unbeatable location with convenient access to the Skyway Bridge, world class beaches, some of Florida’s best parks, museums, dining, and nightlife, and the renowned St. Pete Pier (awarded the Urban Land Institute Global Award for Excellence in 2022). Please note the property is in need of some repairs as seen in the photos. Property #: DG26002. Bid Online February 18 - 25. 10% Buyer's Premium. Subject to the final bid at the online auction and auction terms.
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Phone: 888.699.8876
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RVP, Mortgage Banker
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 | $1,600,000 | $1,600,000 | $1,600,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.202% | 6.121% | 6.011% |
| Monthly Tax Payment | $2,787 | $2,787 | $2,787 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,211 | $9,593 | $13,287 |
| Total Monthly Payment | $12,123 | $12,505 | $16,199 |
* 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.