5730 63rd STREET E, Bradenton, FL, 34203 | $1,590,000

A rare opportunity awaits. Own an exclusive gated waterfront estate on Ward Lake! On the serene shores of Ward Lake, this exquisite property presents a unique opportunity to acquire two parcels seamlessly combined into one expansive 3. 34-acre estate. Embodying the essence of Florida charm and modern luxury, this offering includes a cottage exuding its character and amenities. On over an acre of lush land, Hidden Cove Cottage stands as a turnkey masterpiece, meticulously furnished and renovated while maintaining its original heart of pine wood frame and classic metal roof. This three-bedroom, two-bath home seamlessly blends historic craftsmanship with modern comforts. The open floor plan showcases updated baths, bamboo flooring, a screened-in deck and a fire pit. Revel in panoramic water views and unmatched privacy within the secured perimeter, encompassing over an acre of protected property shielded by an 8-foot concrete privacy wall and security gate. Whether hosting family and friends or considering it as a rental property, this cottage enhances the estate’s appeal with its natural integration and proximity to recreational amenities. Operating as a successful short-term rental, it presents an excellent investment opportunity for discerning homebuyers. Beyond its private gates, this estate provides a lifestyle of leisure and adventure. With over 225 feet of shoreline along Ward Lake, residents can indulge in boating excursions or simply unwind amid the tranquil waters and verdant landscapes. Golf enthusiasts will appreciate the nearby courses, while a convenient boat ramp offers easy access to the expansive 1, 000-acre reservoir and river system, ideal for exploring the natural wonders of the region. Strategically just a mile from Interstate 75, the estate ensures effortless access to urban conveniences while preserving a secluded oasis. Shopping, dining and entertainment options are minutes away, allowing for a balance of tranquility and convenience. This distinguished property on Ward Lake encapsulates the epitome of waterfront living in Florida, combining unparalleled privacy, historical allure and contemporary comforts. Whether seeking a private sanctuary or an investment opportunity, seize the chance to own a piece of Florida’s natural beauty and timeless charm. For inquiries or to schedule a private viewing, contact me today to explore this exceptional waterfront estate. Live the life you’ve always dreamed of, where every day unfolds amid the beauty of Ward Lake and the allure of the Sunshine State.

Features

  • Amenities: Gated
  • Rooms: 6
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside
  • Year Built: 1954
  • Garage: Boat, Converted Garage, Guest, Open
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,419
  • Acreage: 1.17
  • Est. Taxes: $2,626
  • Lot Desc: Cleared, Irregular Lot, Key Lot, Oversized Lot
  • View: Trees/Woods, Water
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4615365
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /eprop/A4615365/573063rdstreete_bradenton_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 7/4/2024 2:09:35 AM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 941-907-9541

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5730 63rd STREET E, Bradenton, FL, 34203

$1,590,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $1,272,000 $1,272,000 $1,272,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 7.014% 7.082%
Monthly Tax Payment $219 $219 $219
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,570 $8,356 $11,344
Total Monthly Payment $8,914 $8,700 $11,688

* 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.