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Presented by
Liz Eckman |
875 BRUCE AVENUE, Clearwater, FL, 33767 | $650,000
COASTAL VALUE ADD IN NORTH BEACH – CLEARED AND READY FOR FINISH
Located just off the Gulf with immediate access to the Intracoastal, this North Beach property sits near Carlouel Beach & Yacht Club in an area seeing consistent redevelopment and new construction activity.
The home has experienced prior flooding and has already been taken through remediation. Interior has been cleared, providing a clean starting point for build-back. Existing 3-bedroom, 2-bath configuration remains, offering flexibility for a streamlined renovation or reconfiguration based on end strategy.
Surrounding properties continue to be upgraded or replaced, supporting long-term value and resale positioning. A new construction project next door is nearing completion, reinforcing demand trends within this immediate pocket.
Lot positioning, proximity to both waterways, and limited available inventory in North Beach create a strong setup for investors targeting a coastal flip or hold.
Known as “The Blue Pearl, ” the property presents an opportunity to carry forward a recognizable identity into resale marketing.
Central HVAC system present. Condition of all systems is unknown and should be verified independently.
Cash or renovation financing only. Property sold as-is.
Features
- Rooms: 7
- Bedrooms: 3
- Baths: 2 full
- Lot Size: 58 x 115
- Laundry: None
- Year Built: 1956
- Heating: None, Other
- Cooling: None, Other
- Approx Sq. Feet: 1,420
- Acreage: 0.15
- Lot Size: 58 x 115
- Est. Taxes: $10,004
- Appliances: None
- MLS#: TB8490595
- Days on Market: 18 days
- Website: https://www.raveis.com
/prop/TB8490595/875bruceavenue_clearwater_fl?source=qrflyer
William Raveis Family of Services
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.
Liz EckmanVP, Mortgage Banker
203.858.7106
Liz.Eckman@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Liz EckmanVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1195194
203.858.7106
Liz.Eckman@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Gene RahillyInsurance Sales Director, William Raveis Insurance
917.494.9386
Gene.Rahilly@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
875 BRUCE AVENUE, Clearwater, FL, 33767
$650,000
Liz Eckman
VP, Mortgage Banker
William Raveis Real Estate
Phone: 203.858.7106
Liz.Eckman@raveis.com
Liz Eckman
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.858.7106
Liz.Eckman@raveis.com
NMLS Mortgage Loan Originator ID 1195194
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $520,000 | $520,000 | $520,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | $834 | $834 | $834 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,076 | $3,202 | $4,214 |
| Total Monthly Payment | $4,002 | $4,128 | $5,140 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388