392 48th Street COURT NE, Bradenton, FL, 34208 | $750,000

MLS Wording:
This beautifully well maintained property is perfect for the private estate you have always dreamed of having. Nestled alongside the picturesque Manatee River, this remarkable 7. 6-acre real estate property presents an exceptional opportunity for investors seeking a waterfront haven in Manatee County in Bradenton, Florida. Conveniently located near I-75, this expansive land boasts impressive features, including a 280-ft artisan well, a septic system, and a private boat dock. This 7. 6-acre offers boundless possibilities for prospective buyers. Whether envisioning an extravagant waterfront estate, a charming compound, or even a commercial venture, this property's sheer size, location, and versatility allow for creativity and personalization. With most of the land cleared and landscaped, there is enough space for recreational facilities, gardens, nurseries, landscaping, or equestrian endeavors, this property provides the perfect canvas to build a truly exceptional living space or investment opportunity. The property is situated on a spacious 200 x 1, 172 lot near the esteemed Tom Bennett Park. Where the new owners will have easy access to a myriad of amenities. Take a stroll through the park's lush greenery, engage in a friendly soccer match, or simply relax on a shaded bench as the world goes by. This spectacular land offers an array of unparalleled features, making it a dream destination for outdoor enthusiasts and nature lovers. One of the most remarkable aspects of this property is the unique development agreement, which allows for easy access to essential utilities. With the ability to seamlessly tie into septic and water systems, future owners can rest assured knowing that their comfort and convenience are well taken care of. For those captivated by waterfront living, this property is truly a haven. Owners will have the rare privilege of enjoying their very own private boat docking area. Imagine the joy of leisurely boat rides, unwinding as the gentle waves carry you to tranquility. Additionally, a private fishing area awaits avid anglers, where they can cast their lines and indulge in the thrill of reeling in abundant catches. Furthermore, this waterfront oasis is perfect for enthusiasts of canoeing and kayaking. With pristine waters and breathtaking natural surroundings, every paddle stroke will be a moment to cherish. The property possesses a truly remarkable advantage – a generous approximate depth of 5 feet at high tide, making it ideal for inboard boats, and wave runner lovers. Whether exploring the waters or engaging in water sports, the opportunities for enjoyment are endless. This expansive 7. 6-acre haven offers a myriad of possibilities for future owners. The vastness of the land presents endless potential for personalization and customization, allowing one's imagination to run wild. Whether it is building a luxurious retreat, creating a private sanctuary, or crafting an exceptional landscape that connects seamlessly with nature, the canvas is yours to paint. The possibilities for recreation and leisure are all within arm's reach. The mobile home on the property has reached the end of the intended lifespan. NOTE: THE MANATEE COUNTY APPROVED NEW SETBACK LIMITS! This will allow you to build more building square footage.

Features

  • Lot Size: 200 x 1172
  • View: Trees/Woods, Water
  • Elem. School: Manatee Elementary School-MN
  • Middle School: Louise R. Johnson Middle
  • High School: Braden River High
  • MLS#: A4622901
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/A4622901/39248thstreetcourtne_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 9/21/2024 3:32:33 AM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-907-9595

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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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392 48th Street COURT NE, Bradenton, FL, 34208

$750,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $600,000 $600,000 $600,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,646 $3,646 $4,742
Total Monthly Payment $3,738 $3,738 $4,834

* 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.