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Charming home located in high demand Riviera Bay. This 3 bedroom two bath home is ready for your design expertise. The structure is solid with no water intrusion from the past hurricanes and local flooding. The bedroom split plan provides privacy for master bedroom and bath on it's own side. The inside laundry room is located off the spacious 2 car garage. Enjoy your privacy or entertaining guests in a large screened outdoor patio overlooking a serene Lake along with an outdoor patio that is 12 x 12 with pavers. The patio is adorned with a pass thru from the spacious kitchen. Pavers are also on the driveway and walkway. There is a seawall protecting the property from water intrusion off the city maintained Lake. The irrigation system is reclaimed water, a plus. There is ample space for any pool possibilities in the future.
Riviera Bay is a very vibrant community with various events, two Beautiful Parks, a Community boat ramp on a canal that connects to Tampa Bay. There is proximity to local amenities including, pickleball courts, bike and walking trails. Just a short 20 minute drive to Tampa, Tampa Airport and trendy downtown St. Petersburg. Turn this property to your own Dream House! Priced below Appraisal!
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Our Executive Mortgage Banker:
Our Insurance Division:
$715,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $572,000 | $572,000 | $572,000 |
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 | 6.995% | 7.050% | 6.112% |
Monthly Tax Payment | $157 | $157 | $157 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,569 | $3,758 | $4,788 |
Total Monthly Payment | $3,818 | $4,007 | $5,037 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.