|
Incredible opportunity on the far South end of Sunset Beach. Located just steps from the Beach & Blind Pass Waterway. Property has been used for Multi-Generational Living plus Income for many years. The top floor has over 2700 sq. ft. of living space, currently configured as One 3 Bed/2 Bath Unit plus One 2 Bed/1 Bath Unit. Space can be reconfigured to suit your needs. The top floor features real wood floors, vaulted ceilings, wide Open Floor plan, an abundance of windows. The covered porch has over 900 sq. ft with Gulf views, enclosed with hurricane shutters. On the Ground floor there are currently Four 1 Bed/1 Bath Units plus One Efficiency Unit. Additionally on the ground floor you will find a Common Area Laundry/Storage Room and 1 Car Garage. Total square footage is 6650 sq. ft. with 5168 Heated square feet on a 57x100 lot. There are few properties of this size on Sunset Beach. This is an exceptional opportunity to bring this special property back to life or re-imagine its next chapter in this beautiful setting on Sunset Beach. The ground floor of this property was impacted by Hurricane Helene and has not be remediated. Property to be sold As Is. Sellers and selling agent make no warranties or claims regarding renovation & building potential. Buyer is responsible for confirming building potential with the City of Treasure Island. Please see virtual tour, information sheet, floor plans, aerials & photographs to see what this property has to offer.
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:
$1,399,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,119,200 | $1,119,200 | $1,119,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $669 | $669 | $669 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,710 | $6,891 | $9,444 |
| Total Monthly Payment | $7,504 | $7,685 | $10,238 |
* 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.