INCENTIVES ARE AVAILABLE FOR THIS LOT! This homesite is approved for a boat dock with lift. Welcome to The Islands on the Manatee River, a private gated waterfront boating community nestled among world class golf courses that celebrates Florida’s natural beauty. Voted "Best Community" in the Sarasota-Bradenton Parade of Homes for the last 8 years. We’ve just released our final neighborhood of Rio Vista Estates, our highly sought after homesites directly on the Manatee River. The River Lodge clubhouse, exclusive to residents of The Islands, provides a riverfront gathering place for the enjoyment of our residents. The Islands is a place where nature’s bounty is just the beginning of the excitement that will take your breath away. Situated on 225 acres of pristine private islands, our sanctuary features up to 1. 5 acre estate-sized homesites directly on the river or on picturesque harbors, all having navigable access to the tranquil waters of the Manatee River and onward to the Gulf of Mexico. Build your dream home on this beautiful homesite located in Rio Vista. Rio Vista Estates features 65 homesites, all waterfront. This unique neighborhood combines nature’s beauty with homes of architectural distinction. As you pass through a private gated entry, 100 year-old antique brick streets greet you as you wind your way through the island to Channelside Harbor. The largest estate sized homesites, up to 1. 5 acres, are located directly on the Manatee River with easy access to the Gulf of Mexico and beyond.
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Our Executive Mortgage Banker:
Our Insurance Division:
$530,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $424,000 | $424,000 | $424,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,892 | $2,818 | $3,607 |
Total Monthly Payment | $2,984 | $2,910 | $3,699 |
* 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.