Print Brochure ›

459-463 Revere Beach Blvd, Revere (Revere Beach), MA, 02151 | $8,250,000

Call for offers Wednesday, March 5th, 2025. One-of-a-kind opportunity to develop a sixty (60) unit condominium building located directly on Revere Beach. Fully approved and permit ready, the plans call for fifty-seven (57) 1 bed/1 bath units ranging from 693 sq/ft to 968 sq/ft and three (3) 2 bed/2 bath units all 1, 635 sq/ft. All units boast private balconies. Ninety (90) parking spaces (eighty-two (82) interior and eight (8) exterior). Rooftop restaurant with over 4, 400 sq/ft plus wraparound balcony. Resident fitness center. Ideally situated on Revere Beach in close proximity to downtown Boston, Logan Airport, MBTA Wonderland Stop (Blue Line), shops, restaurants, hotels and other new residential developments.

Features

  • Town: Revere
  • Amenities: Public Transportation, Shopping, Walk/Jog Trails, Bike Path, Conservation Area, Highway Access, Marina, T-Station, Sidewalks
  • Zoning: RC1
  • Frontage: 136.00
  • Lot Desc: Level
  • Water Front: Yes
  • MLS#: 73333158
  • Website: https://www.raveis.com
    /prop/73333158/459463reverebeachblvd_revere_ma?source=qrflyer
The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non-commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein.

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.

Peter ThomasLicensed Real Estate Salespersons

914.830.8843

Peter.Thomas@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, which receives over 1 billion hits per year
  • 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.

Brian ShahwanVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 2166562

302.293.7433

Brian.Shahwan@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

Jennifer HartInsurance Sales Director, William Raveis Insurance

978.457.6220

Jennifer.Hart@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

459-463 Revere Beach Blvd, Revere (Revere Beach), MA, 02151

$8,250,000

Peter Thomas

Licensed Real Estate Salespersons

William Raveis Real Estate

Phone: 914.830.8843

Peter.Thomas@raveis.com

Brian Shahwan

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 302.293.7433

Brian.Shahwan@raveis.com

NMLS Mortgage Loan Originator ID 2166562

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
 15 Year
Fixed-Rate Jumbo
Loan Amount $6,600,000 $6,600,000 $6,600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.375% 6.000%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.565% 6.475% 6.183%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $36,958 $41,175 $55,695
Total Monthly Payment $37,083 $41,300 $55,820

* 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.

Equal Housing Lender

William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
MA Mortgage Lender and Mortgage Broker #MC2630