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Riverfront opportunity with endless potential. Set on a quiet cul-de-sac along the scenic Alafia River, this flooded waterfront property is being SOLD AS IS, offering a rare chance for buyers ready to renovate, rebuild, or create a custom riverfront retreat. The property sits on nearly half an acre (20, 251 sq ft) of land, providing ample space to design the waterfront lifestyle you’ve been dreaming about. The existing structure includes 1, 344 sq ft of living space, a 2-car garage, and an additional detached garage/workshop, offering flexibility for storage, hobbies, or future plans. With direct river access, the backyard offers the potential to add a private dock, allowing you to cruise straight out to Tampa Bay and the Gulf from your own property. Prefer a public launch? The nearby boat ramp at Williams Park Boat Ramp is just about 7 minutes away. Boating enthusiasts will appreciate the ability to travel by water to popular waterfront dining spots such as Tiki Docks River Bar & Grill, River's Edge Bar & Grill, and Jerry’s Dockside Bar & Grill. When staying on land, the home is conveniently located near major routes, including Interstate 75, U. S. Route 301 and the Lee Roy Selmon Expressway, making commuting and travel easy. Nature lovers will enjoy nearby outdoor escapes like Alafia Scrub Nature Preserve and Bell Creek Nature Preserve, while everyday conveniences, dining, and shopping are just minutes away. No CDD and no HOA, giving you more flexibility with your property and future plans. Whether you envision renovating the existing home or building a brand-new waterfront residence, this property offers the space, location, and river access to make it happen. ***FREE 1/0 Rate Buydown when using the seller's preferred lender!***
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Our Executive Mortgage Banker:
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$425,000
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 | $340,000 | $340,000 | $340,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.301% | 6.500% | 5.691% |
| Monthly Tax Payment | $235 | $235 | $235 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,011 | $2,121 | $2,776 |
| Total Monthly Payment | $2,321 | $2,431 | $3,086 |
* 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.