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Welcome to your exclusive island paradise, an unparalleled opportunity to build your dream home on one of the most prestigious waterfront lots along the Intracoastal Waterway. This extraordinary property offers 113 feet of deep water frontage, boasting breathtaking, unobstructed views of the iconic Johns Pass Sandbar. Nestled amid serene bird sanctuaries, this location is a haven for nature lovers. Wake up to the gentle sounds of palm trees swaying, dolphins playing in the shimmering waters, and birds soaring overhead. The deep-water access, just moments from the Johns Pass on-demand bridge, makes this a boater's paradise, dock your yacht, set sail for adventure, or paddle through the tranquil waters by kayak. A short stroll leads you to Madeira Beach, ranked among TripAdvisor's Top 10 beaches, where powdery white sands and the turquoise Gulf of America invite you to unwind. For those who crave excitement, Johns Pass Village is just around the corner, offering a lively mix of waterfront dining, boutique shopping, jet ski rentals, floating tiki bars, and even pirate ship excursions. This exceptional property is more than just a homesite, it's a lifestyle. Whether you envision a peaceful coastal retreat or a vibrant waterfront escape, this is your rare chance to craft a bespoke residence in the heart of paradise. Indulge in the luxury of waterfront living, where every day feels like a vacation.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,495,000
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 | $1,196,000 | $1,196,000 | $1,196,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,267 | $7,658 | $10,336 |
Total Monthly Payment | $7,392 | $7,783 | $10,461 |
* 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.