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COASTAL DREAM HOME WITH STUNNING OPEN WATER VIEWS FOR AMAZING SUNSETS | **RARE OPPORTUNITY W/ A $87K FEMA POLICY W/ COVERAGE FOR 3 YEARS THAT IS TRANSFERABLE AT NO COST TO NEW BUYER AND PROVIDES COVERAGE FOR 3 YEARS. ** - Discover this remarkably resilient waterfront gem in desirable Oakhurst Shores, where breathtaking Intracoastal waterway vistas await at an exceptional value which is priced to move with built-in insurance provided. This well-protected coastal retreat stood strong through recent storms with only minimal repairs needed from Hurricanes Helene and Milton (the first flooding ever experienced). You will enjoy immediate gains in you equity once these simple fixes are completed. Rest easy knowing your investment is protected by a recently installed roof, complete package of hurricane-ratedm impact windows and doors, and a whole-house natural gas generator for uninterrupted comfort during power outages. Wake up to magnificent open water views every morning! This waterfront haven offers expansive, unobstructed Intracoastal waterway panoramas, prime location with swift access to Johns Pass and the crystal blue water of the Gulf. This home has undergone significant upgrades prior to the hurricanes that you can now enjoy. This property features: a completely rebuilt dock featuring composite decking and wrapped piers, a 12K pound capacity boat lift (operational) and a separate pivoting jet-ski lift (non-operational), 2 new pump motors for the pool and spa, plus front-row seating for seasonal boat parades and holiday fireworks. Indulge in resort-style amenities including an inviting in-ground pool (fully functioning) w/ a spa (heater not functioning but spa motor is operational) for year-round enjoyment, energy-efficient on-demand hot water system, climate-controlled garage with dedicated mini-split, and upgraded, modern LED lighting throughout the home.
Enjoy the ideal balance of tranquil waterfront living with convenient access to our beautiful Gulf beaches just minutes away, extensive shopping and dining at Seminole City Center, abundant recreation including golf, tennis, parks, and the Pinellas Trail, the best school options for families, and an easy 20-mile commute to Tampa International Airport.
**PRICED TO SELL** - This waterfront opportunity combines hurricane resilience with stunning open water views at an incredible value. Schedule your private tour today and see why this affordable coastal retreat won't last long!
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Our Executive Mortgage Banker:
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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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $796,000 | $796,000 | $796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.813% | 6.739% | 6.581% |
Monthly Tax Payment | $1,131 | $1,131 | $1,131 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,901 | $5,097 | $6,879 |
Total Monthly Payment | $6,124 | $6,320 | $8,102 |
* 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.