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Presented by
Philippe Doh |
10111 Yacht Club DRIVE, Treasure Island, FL, 33706 | $580,000
Prime Investment Opportunity in Paradise Island.
This solid block 4 Bedroom, 3 Bathroom Pool home presents a rare opportunity for investors or buyers looking to create their dream Florida beach retreat. Located in the highly sought-after Paradise Island community of Treasure Island, this property offers a 12, 423 SF CORNER LOT and is ready for a full renovation or a complete rebuild to maximize its potential. While impacted by Hurricane Helene, this home offers a blank canvas for those with vision—whether you choose to remediate, elevate, or construct a brand-new luxury residence.
Situated in a prime location near Treasure Island’s white sandy beaches, this property offers endless possibilities in an upscale yet laid-back coastal neighborhood. The area boasts a wealth of amenities and outdoor activities, including the Treasure Bay Golf and Tennis Club, Roselli Park and John Morroni Memorial Dog Park, multiple boat ramps, and a vibrant downtown with shopping, dining, and entertainment within steps or minutes away. Paradise Island is known for its walkability, serene setting and a dog friendly community with a relaxed Island vibe. Are you ready to start spending your weekends relaxing with your feet in the sand or a golf club and fishing pole in your hand? This is the opportunity for you to create that place to call home! Don't miss this exceptional opportunity to invest in one of the most desirable locations on Florida’s Gulf Coast. Create your vision of luxury living in Paradise Island today!
This home is being SOLD AS-IS in its current condition, with no warranties from the Seller. CASH PURCHASE ONLY. Buyers and their agents are strongly encouraged and responsible to conduct due diligence with the City of Treasure Island regarding construction, rebuilding, permitting, and renovation requirements.
Features
- Rooms: 8
- Bedrooms: 4
- Baths: 3 full
- Laundry: Laundry Room
- Year Built: 1958
- Garage: Circular Driveway
- Heating: Other
- Cooling: Other
- Approx Sq. Feet: 2,007
- Acreage: 0.29
- Est. Taxes: $2,258
- Pool: In Ground
- Appliances: None
- MLS#: O6279254
- Days on Market: 1 day
- Website: https://www.raveis.com
/prop/O6279254/10111yachtclubdrive_treasureisland_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.
Philippe DohLicensed Real Estate Salesperson
917.250.5285
Philippe.Doh@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.
Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@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
10111 Yacht Club DRIVE, Treasure Island, FL, 33706
$580,000
Philippe Doh
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 917.250.5285
Philippe.Doh@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $464,000 | $464,000 | $464,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
| Monthly Tax Payment | $188 | $188 | $188 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,895 | $3,048 | $3,884 |
| Total Monthly Payment | $3,175 | $3,328 | $4,164 |
* 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