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You can build your dream home at 500 Palm Ave. A rare opportunity to own a prime piece of real estate in one of Palm Harbor’s most charming and well-connected neighborhoods. Just minutes from it all, this homesite offers both convenience and lifestyle. Located less than a 5 minute walk to the Fred Marquis Pinellas Trail, and only a 10-minute drive to Ocean View Avenue and Alternate US-19, you'll enjoy easy access to the best of coastal and downtown living. Whether you’re biking the scenic trail or heading out for a beach day, everything is close at hand. The current owner has already completed plans for the “Elevated Costa” floorplan by Kelner Homes—a beautifully designed modern layout perfect for Florida living. Floor plans are attached for review, and if you're interested in building, the listing agent has contact details for Kelner Homes to help you take the next step. Palm Harbor is brimming with lifestyle perks: Close to the world-renowned Innisbrook Resort and Golf Club, explore nature at Wall Springs Park or paddleboard at Pop Stansell Park, enjoy the charm of downtown Palm Harbor and discover local favorites like de Bine Brewing Co. , Palm Harbor Brewery, and The Lucky Dill Deli. This property is perfect for someone who wants to create a custom home in a location that truly offers it all—coastal charm, modern conveniences, and small-town appeal. Please note that if you choose to build the Elevated Costa floorplan shown in this listing, all renderings, photographs, colors, features, and dimensions are for illustration purposes only and may vary from the finished home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$265,000
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 | $212,000 | $212,000 | $212,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.025% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,340 | $1,393 | $1,775 |
Total Monthly Payment | $1,415 | $1,468 | $1,850 |
* 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.