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Under contract-accepting backup offers. This single family home flooded during Hurricane Helene and has been professionally remediated and remains "AS IS" for the right buyer to make their own. Treasure Island's premier boating community, Isle of Capri, is coastal living at its best. An 1, 844 sq. ft. , 3 bedroom, 2 bathroom house with a pool and spa overlooking a wide, deep water canal that accesses the Gulf of Mexico. This waterfront home is located near the end of the canal with views of the Boca Ciega Bay and has 70 feet of water frontage. A circular driveway leads to the 2-car garage and home entrance. The split floor plan consists of the primary bedroom and bath being on the east side of the home and the other two bedrooms and bathroom on the west side which allows for privacy from your guests. City of Treasure Island written document received stating property has NOT BEEN SUBSTANTIALLY DAMAGED. Buyer must conduct their own due diligence with regard to meeting FEMA requirements and as to whether it can be remodeled under FEMA/City guideline.
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$899,000
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 | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.727% | 6.560% |
Monthly Tax Payment | $1,651 | $1,651 | $1,651 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,370 | $4,605 | $6,216 |
Total Monthly Payment | $6,112 | $6,347 | $7,958 |
* 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.