Under contract-accepting backup offers. Bring your builder to this incredible bay front lot measuring 1. 13 acres in picturesque Nokomis Florida! Views of the bay framed by mangrove islands beyond give you an unbelievable view of nothing but water and nature. Imagine waterfront living with your boat at your private dock right in your own back yard adjacent to the Intracoastal Waterway and just minutes to Venice Jetty parks and the open waters of the Gulf of Mexico through the Venice Inlet. There is a concrete seawall that runs along the entire water's edge and an old existing dock. The soft sugar sands of Nokomis Beach and the tranquil turquoise waters of the Gulf of Mexico are 2 minutes away. Walk, jog, pedal or drive, you're . 4 miles to the beach either way you choose to get there! Enjoy waterfront dining or a tropical libation at Pop's Sunset Grill or Pelican Alley, literally right around the corner. Marinas and boat/jet ski rentals are located here too. Have a fun day at the beach or on the water then retreat home to your quiet sanctuary where time seems to stand still. Check with Sarasota south county zoning to see if the property has the ability to be split into two half acre parcels. There is an original 1951 built 2/2 home and 3 out buildings on the property. This is a once in a lifetime opportunity so schedule your private showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,750,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,200,000 | $2,200,000 | $2,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 6.989% | 6.936% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,822 | $14,452 | $19,468 |
Total Monthly Payment | $14,947 | $14,577 | $19,593 |
* 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.