Rarely available- an oversized (16, 000+ sq ft) private waterfront lot on saltwater, boatable canal west of Route 41. The lot is ready for your dream home and your boat! lot has a 4'x20' composite dock with a 6, 000-pound lift installed. You can be at the Gulf of Mexico by boat in about 15 minutes! There is one fixed bridge (Albee Road Bridge) to the gulf with clearance sufficient for many boats. . . it ranges from 7'-9' based on the tide. OR you can drop a kayak or paddleboard in the canal and explore the canals that meander through this area of Nokomis. This is YOUR opportunity to build your dream home! You can use the builder of your choice and there are no timeframe constraints about when you build. No HOA or CDD! Your new property is located in Nokmis between quaint Venice and bustling Sarasota, so you are removed from major traffic yet have great options for restaurants, entertainment, beaches, and more. Publix, Post Office, and shopping are all within one mile. Beautiful Nokomis Beach on Casey Key is only 1. 5 miles away, perfect for swimming in the beautiful waters of the Gulf of Mexico or relaxing on the beach with your favorite beverage to watch the beautiful Gulf sunsets. Nokomis Beach also offers many activities. . . yoga and fitness classes on the beach, a playground, Drum Circles, and so much more. There is nearby access to the Legacy Trail where you can bike, run, or walk to downtown Venice, only about 2. 5 miles, or head north to Sarasota. This is it! the perfect place where you can live the dream in your custom-built home in Southwest Florida!
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,900
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 | $319,920 | $319,920 | $319,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,128 | $2,126 | $2,698 |
Total Monthly Payment | $2,203 | $2,201 | $2,773 |
* 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.