Welcome to an exceptional opportunity in the enclave of Coral Cove! Nestled within the confines of this exclusive gated community,
this expansive . 61-acre parcel presents a once-in-a-lifetime chance to claim your very own slice of paradise. Boasting a community of only 27
finely crafted homes, this lot stands apart with the added advantage of a deeded boat dock, setting the stage for an enviable coastal lifestyle.
Your dreams of aquatic exploration come true as you step onto your private boat dock, providing direct access to the serene Gulf waters and the
vast expanse of open seas. A mere stone's throw away lies the gateway to adventure, with a single bridge measuring approximately 10 feet and
4 inches in height - a passage designed for your maritime escapades. Coral Cove is strategically positioned as the halfway point between the
idyllic beaches of Boca Grande and the enchanting shores of Manasota Key. Whether you crave the tranquility of Boca Grande's beach or
the allure of Manasota Key's coastal charm, you're perfectly poised to experience both. The convenience of everyday life is at your fingertips,
with an array of amenities in close proximity. A wealth of shopping options, reputable banks, a nearby hospital, a diverse selection of
restaurants, and well-equipped marinas ensure that all your needs are met with ease. Should you be enticed by the prospect of crafting your
own coastal haven, there are certain building requisites to ensure the harmonious aesthetic of the community. Embrace the creation of a
residence that reflects your style and aspirations, with a minimum requirement of 2200 square feet under air-conditioning, an elegant metal roof,
and a side entry garage. Seize the moment and embark on a journey to claim this remarkable lot for yourself. With its unmissable features and
prime location, opportunities of this caliber are rare and fleeting. Arrange a viewing today and secure your place in Coral Cove before this
opportunity slips away into the ether. Your coastal lifestyle awaits!
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:
$122,950
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 | $98,360 | $98,360 | $98,360 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $654 | $654 | $829 |
Total Monthly Payment | $729 | $729 | $904 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.