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Exceptional Opportunity in Redington Shores! Seize the chance to own a rare gem in the heart of Redington Shores! This prime lot offers an unparalleled opportunity to build your dream coastal home in one of Florida’s most sought-after beach communities. Previously impacted by recent hurricanes, this property is being offered at lot value, providing a blank canvas for your vision in a vibrant, Bay front neighborhood. Property Highlights: Premium Location: Nestled in the charming, laid-back community of Redington Shores on Boca Ciega Bay, just steps from the sugar-white sands and turquoise waters of the Gulf. Lot Value Advantage: The existing structure requires demolition, making this an ideal purchase for buyers looking to create a custom home tailored to their lifestyle. Build Your Dream Home: Zoned for residential use, this lot is perfect for constructing a modern beachfront retreat, vacation home, or investment property . Coastal Lifestyle: Enjoy direct access to pristine beaches, local dining, boutique shopping, and water activities like fishing, boating, and paddleboarding. Strong Investment Potential: Redington Shores is a high-demand area with a thriving real estate market, offering excellent long-term value for homeowners and investors alike. Location Benefits: Beach Proximity: A short stroll to Redington Shores Beach, renowned for its serene atmosphere and stunning sunsets. Convenient Access: Minutes from St. Petersburg, Clearwater, and Tampa, with easy access to major highways, airports, and cultural attractions. Community Charm: Redington Shores is a tight-knit community with local favorites. Resilient Future: Build with confidence in a community committed to recovery and revitalization post-hurricanes, ensuring a bright future for this coastal paradise. Lot: The lot will require demolition of the existing structure, offering a clean slate for new construction. Utilities: Access to public water, sewer, and electricity, simplifying the building process. Why Buy Now? This is a rare chance to secure a lot in Redington Shores at lot value, allowing you to design a home that perfectly suits your needs and style. With the area’s ongoing recovery and strong market trends, this property represents a unique investment in a coveted beachside location. Whether you’re envisioning a forever home, a vacation escape, or a rental property, 501 180th Avenue East is your gateway to coastal living at its finest. Contact Us Today! Don’t miss out on this exceptional opportunity to own a piece of Redington Shores. For more details schedule a site visit. Act now to secure your slice of paradise! Note: Buyer to verify all zoning, building regulations, and lot details with Pinellas County. Demolition and permitting costs to be confirmed by the buyer. Property comes with deeded access to the Surfside Beach Club.
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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 | $760,000 | $760,000 | $760,000 |
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 | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,618 | $4,866 | $6,568 |
Total Monthly Payment | $4,710 | $4,958 | $6,660 |
* 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.