BEST INTRACOASTAL WATERFRONT BUY with a POOL and DEEDED Beach access! LIVING SPACE IS ELEVATED AND HAS SUSTAINED NO DAMAGE AND NO WATER INTRUSION. As you drive down the Banyan canopied road and turn into the GATED circular driveway of the residence you immediately become immersed in the warm sea breeze and the aroma of the salt air. Once inside the property your eyes are immediately drawn to the CATHEDRAL, ROUGH-CUT CEDAR CEILING, FIREPLACE and the captivating PANORAMIC VIEWS OF THE INTRACOASTAL WATERWAY from every room in the back of the home. The charming great room fills the heart of the home with a separate dining room to one side and bright Florida room on the other, all connected by a large outdoor deck. The newly updated kitchen features STAINLESS STEEL appliances, white solid wood cabinetry, quartz countertops and an island perfect for hosting loved ones. Tucked down a hall off the kitchen on one side of the home, you have the primary bedroom with ensuite bathroom, multiple closets, a vanity area and a beautiful balcony allowing ample sunlight and a tropical breeze to envelop the room. On the opposite side of the home, you’ll find the two additional bedrooms (one with a delightful Juliette balcony) along with a shared guest bathroom. But that’s just half your space! Down the ELEVATOR (say goodbye to carrying those pesky groceries upstairs) places you in the hard-to-find, 4 CAR GARAGE (2 SPACES ARE AIR CONDITIONED) This expansive space also features a large laundry room that could double as an airconditioned storage room or workshop, a powder room, separate shower stall and AMPLE storage closets. Outside, the oversized heated pool is framed by pavers and a BRAND NEW 2-story ALUMINUM SCREENED CAGE overlooking Lemon Bay – the perfect scenery for watching wildlife, sunsets and passing boats. Offering all the beauty and fun of a Florida lifestyle, you can enjoy this space with family and friends or launch kayaks and paddle boards in from your natural beach entry for exercise and exploring. A BRAND NEW DOCK is on the way for the next owner (currently permitted for two lifts) to discover world-class fishing and an array of sandbars and beaches with NO FIXED BRIDGES to the Gulf of Mexico. Directly across the street, the DEEDED BEACH ACCESS offers an easy walk to the Gulf of Mexico where you can relax in the sun on the sandy white beach, snorkel the crystal-clear waters and nearby offshore archaeological site or try and catch a glimpse of the green flash at sunset! Other features to note here include the 2016 METAL ROOF, 2019 HVAC SYSTEM, water filtration system and so much potential for incredible family memories! While there is plenty to do here on Manasota Key - the greater Englewood Area offers even more including a multitude of golf courses, boutique shopping, dining and OLD-FLORIDA CHARM not often found anymore! Call today for your private showing.
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Our Executive Mortgage Banker:
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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 | $1,599,920 | $1,599,920 | $1,599,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $916 | $916 | $916 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,244 | $10,377 | $14,047 |
Total Monthly Payment | $11,285 | $11,418 | $15,088 |
* 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.