Under contract-accepting backup offers. Boat Dock Approved!! Nearly 3/4 of an acre home-site in The Islands. Enjoy a HUGE yard with a preserve area leading to your saltwater boat dock just a few feet from your lanai - this is a unique opportunity. With a southern exposure dock, you'll enjoy both sunrises and sunsets. See Video attached.
The Islands, a beautiful boating community, encompasses 3 special neighborhood all in a private/gated (manned 24/7) area located on the Manatee River leading to the Gulf of Mexico. This particular site (Lot 10) is in the first phase of the community where nearly all construction is complete and homesites are larger. Imagine fishing, kayaking or paddle boarding while the sunrises on the River from your dock or taking the family to the beach for the day in your Bowrider, Pontoon or Bay Boat. With an array of dock & dine establishments on the River's banks and envied sunset views; it's a lifestyle like none other.
The community has other available lots but they're limited - this home site will sell fast, don't miss the opportunity to make The Islands your next home.
NO CDD fees HERE as found in other communities around Lakewood Ranch.
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Our Executive Mortgage Banker:
Our Insurance Division:
$699,998
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 | $559,998 | $559,998 | $559,998 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,868 | $3,722 | $4,723 |
Total Monthly Payment | $3,960 | $3,814 | $4,815 |
* 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.