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One-of-a-kind waterfront retreat in Gibsonton tucked along the beautiful Alafia River with direct access to Tampa Bay.
Built of solid concrete block construction, this unique 2-bedroom, 2-bath home offers more than 1, 600 square feet of living space and a layout that is anything but ordinary. While officially a two-bedroom home, the flexible floor plan includes multiple gathering areas and bonus spaces that can easily accommodate overnight guests, making it an ideal weekend getaway, vacation home, fishing retreat, or riverfront gathering place for family and friends.
The kitchen is simple and functional, a classic waterfront camp where the focus is less on cooking indoors and more on enjoying life outside. And that's where this property truly shines.
Step into the oversized screened lanai overlooking the Alafia River and you'll immediately understand what makes this property special. Outside, you'll find a large screened in swimming pool complete with a diving board, plenty of room for entertaining, and waterfront views that create the perfect backdrop for relaxing weekends, sunset cocktails, and unforgettable gatherings.
Boaters will appreciate the property's location on the Alafia River, offering quick access to the open waters of Tampa Bay in just minutes. Whether you enjoy fishing, cruising, kayaking, or simply watching boats pass by, this location delivers the Florida waterfront lifestyle many dream about. Many of the neighbors have docks, so adding one could be something to look foward to or join the nearby Freedom Boat Club and take a boat on the water when you want with out the responsibility of owning one.
One of the property's most charming features is its proximity to a popular local waterfront restaurant, Jerry's Dockside Bar & Grill, just a few doors away. Hop on your golf cart, head down the street, and enjoy dinner, drinks, and riverfront views without ever getting in your car.
Located in historic Gibsonton, a town famous for its colorful and unique past, this home perfectly reflects the character and charm that make "Gibtown" unlike anywhere else in Florida.
If you've been searching for a waterfront home on the Alafia River, a Tampa Bay boating property, a weekend retreat, or a place where memories matter more than perfection, 8616 Magnolia Street may be exactly what you've been looking for.
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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 | $380,000 | $380,000 | $380,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.524% | 5.846% |
| Monthly Tax Payment | $197 | $197 | $197 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,248 | $2,371 | $3,130 |
| Total Monthly Payment | $2,520 | $2,643 | $3,402 |
* 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.