Under contract-accepting backup offers. BOATING WATER – ONE BRIDGE TO THE GULF OF MEXICO & OVER 250 FEET OF WATER FRONTAGE! This oversized waterfront property, with possible potential to subdivide, is a rare find! Just over ½ mile to world-class Nokomis Beach and even faster by boat, to Lyons Bay and a few minutes to the Intracoastal Waterway, the Venice Jetty and easy access to the Gulf of Mexico… this is a “DREAM” location! Enjoy “old” Florida with a 3 bedroom, 2 bath home complete with a spacious lanai – all overlooking your 250+ ft of sea-walled backyard. Fish off the dock, launch your kayak into the water or use your private electric boat lift (10, 000 lb. ) to lower your boat for a fun boating excursion. Cruise north to Sarasota and have a fun lunch stop or motor south to Boca Grande and the world-renowned Cabbage Key (Cheeseburger in Paradise) -- the choice is yours! If fishing is your “vibe”, you can easily relax and fish off your dock or venture into the Gulf and reel in some snapper, grouper, or a seasonal tarpon! Don’t forget to visit nearby Nokomis beach (less than a mile) to enjoy the gentle Gulf waters, the sandy beach and amazing shell collecting – make sure to look for those famous shark teeth! Stop by the beach in the evening and watch the sunset – it’s always breathtaking! The “open” floor-plan home invites comfortable and relaxing beach living. A “split” bedroom plan provides the owner’s suite on one side of the house with an updated ensuite bathroom with dual vanities/sinks, updated shower and walk-in closet. There is easy access to the laundry room to drop off your wet bathing suits and beach towels. The great room design makes it easy to have a crowd, with an updated kitchen finished with quality wood cabinetry, “soft close” drawers, elegant granite countertops, tiled backsplash & updated stainless steel appliances – including a trash compactor. The dining area and great room offer an expansive view of the generous, fenced backyard, your private dock and the canal with a wall of sliding glass doors – making it light and bright! The ‘split” bedroom plan provides a 2nd and 3rd bedroom on the opposite side of the house, with the 2nd bathroom (updated) offering privacy and room for a crowd!!! There are plenty of closets for storage and easy to maintain and terrazzo flooring throughout the entire house. The expansive lanai area (29’ x 15’) is the perfect location to enjoy that morning cup of coffee, relax and read a book or enjoy evening refreshments. The backyard is the perfect place to let the dog run around, while you relax on a chaise lounge and feel the warm Florida sunshine! There is plenty of space for cars, boats, kayaks, beach chairs, etc with a roomy 2+ car carport and an additional covered storage space (16’ x 12’). Two additional spacious storage rooms are attached to the carport which make it effortless to have space for all of your belongings…and MORE! An additional shed (12' x 10', with electric) provides even more storage possibilities! This is an unbelievable location, with a HUGE lot, a possibility to potentially subdivide, while being close to gulf beaches, a wide selection of dining options, fun shopping areas, a wide range of golf courses, medical facilities and easily located south of Tampa and Sarasota airport and north of Southwest Florida airport. A UNIQUE property with THIS MUCH LAND, on great BOATING WATER and this CLOSE TO GULF BEACHES just
doesn’t become available often – DON’T HESITATE!
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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 | $708,000 | $708,000 | $708,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $679 | $679 | $679 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,533 | $4,533 | $6,216 |
Total Monthly Payment | $5,304 | $5,304 | $6,987 |
* 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.