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Under contract-accepting backup offers. JUMPSTART YOUR BUILD PROJECT, and embrace this opportunity to become part of the resilience and renewal of SUNSET BEACH on Treasure Island! Current owners were delayed with their original build plans in 2023. Now they will give a Buyer their own comprehensive plans, specs, architectural renditions for this very special location. They wanted to build a hurricane proof modular home on this lot, and they can share complete plans specific to a modular SR system. But those plans can also be converted by your architect to a standard process. THESE REPORTS ARE ALL AVAILABLE ON REQUEST, including amazingly comprehensive GEOGECHNICAL REPORT AND SOIL TESTING. These reports outline types of piles that would work best, load bearing capacity, depth and diameter, and other safety regulations. Category 5 hurricane design. This location is prime, private, less than a half block from Caddy's and the dunes, but off a fork in the main road, with easy access to Gulf Blvd. Neighbors are delightful, we are currently helping 2 neighbors with temporary parking. Lot is fenced, dead end street, seller will have lot raked prior to closing.
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:
$400,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $320,000 | $320,000 | $320,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,970 | $2,021 | $2,657 |
| Total Monthly Payment | $2,045 | $2,096 | $2,732 |
* 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.