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Presenting a rare and lucrative investment opportunity in the heart of Nokomis, Florida. This exceptional offering includes TWO BUILDABLE PARCELS combined into one attractive package, making it a versatile option for developers, investors, or those looking to build their dream home. With a total of 0. 79 acres (0. 35 acres + 0. 44 acres), this property provides ample space and potential for various development possibilities.
Nestled short distance to the beautiful Nokomis Beach, this property offers the perfect blend of tranquility and convenience. The back parcel features an existing house that presents a unique opportunity: keep it as is, renovate it, or build a completely new residence to suit your preferences and needs. The choice is yours, allowing for flexible planning and creative development.
Situated in the highly desirable Nokomis area, this property is in close proximity to a plethora of local amenities. Enjoy easy access to charming shops, diverse dining options, and essential services, all within a short distance from your doorstep. The community is known for its friendly atmosphere and welcoming vibe, making it an ideal location for families and individuals alike.
In summary, this property represents an outstanding investment opportunity with its two buildable parcels, prime location, and flexible development options. Whether you choose to retain the existing house or build a new residence, the potential is vast. Don't miss out on the chance to own a piece of Nokomis paradise and create something truly special. Contact us today for more information and to schedule a viewing.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$899,900
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $719,920 | $719,920 | $719,920 |
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 | 7.838% | 7.002% | 6.915% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,850 | $4,729 | $6,371 |
Total Monthly Payment | $4,942 | $4,821 | $6,463 |
* 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.