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UPDATED, MOVE-IN READY, BLOCK CONSTRUCTION HOME, LOCATED ON A PEACEFUL, 1/4 ACRE LOT in a HIGHLY DESIRABLE COMMUNITY with GREAT NEIGHBORS…this property is a gem that will not disappoint! Water lovers and nature lovers alike will enjoy direct backyard access to McKay Creek, a perfect launching pad for kayaks, paddleboards and small watercraft with a quiet canal waterway that meanders out to the Intracoastal. Entertain in the large private backyard (room for a pool), or simply enjoy watching nature at play, and yes you will see dolphins and manatees swim by. Plenty of room for the 4 legged friends to run too. Inside is just as special, with comfortable, open concept kitchen and living space. Consistent, ceramic tile flooring throughout (zero carpet). Updated kitchen with shaker style cabinets, granite countertops and newer appliances. Crown molding to add a special touch. Currently a 2 bed / 2 bath home, this property was once a 3 bedroom home and the primary bedroom was enlarged to make one oversized primary suite with walk-in closet and ensuite bath. (Could easily be converted back to a 3 bedroom home). Large driveway for parking multiple vehicles, (boat and RV parking is allowed), plus double gate access to the back yard. Perfect as a full time residence, second home or investment property. Unincorporated Largo, no HOA, short term rentals are allowed allowing additional income flexibility should you choose. Of note, the current tenant would love to stay in place for a few more months, which would provide you with immediate income. Please request more details. Just minutes to Indian Rocks Beach and an array of fun in the sun activities, Belleair Causeway boat ramp and dog beach, local Belleair Bluffs boutiques, coffee shops and restaurants, esteemed Belleair golf courses, area fitness facilities and activities, plus easy access to main Pinellas thoroughfares, airports, Tampa and St. Pete. Roof 2021. HVAC 2016. Seller’s insurance policy premiums (homeowners and flood) currently run just over $1, 900 total per year. Elevation certificate and survey available. Interior pictures were taken prior to current tenant move in. A truly special and rare opportunity.
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William Raveis Real Estate
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,200 | $399,200 | $399,200 |
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 | $565 | $565 | $565 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,490 | $2,622 | $3,342 |
Total Monthly Payment | $3,130 | $3,262 | $3,982 |
* 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.