ESTATE SIZED LOT CLEARED AND READY TO BUILD YOUR DREAM HOME. Don't miss your chance to own this exceptional piece of paradise in Longboat Key, Florida. This expansive estate sized corner lot is located in the highly sought-after historic charming Village of Longbeach, where incredible beach-to-bay access allows one to enjoy sunsets over the Gulf of Mexico and sunrises over Sarasota Bay. Abundant room is available for your estate sized home and pool with space left to build your own private tennis/pickleball courts. Because this lot is so expansive, the owners even contemplated speaking with the town of LBK about splitting it in two. Located on the northern end of Longboat Key, you are only minutes away from the Longboat Key beach, fine dining, shopping, salons, boat and fishing charters, jet skis, parasailing, and more. A delightful selection of restaurants and shops are located close by including Mar Vista, Shore, and Whitney's that you can walk to or ride to on your golf cart for exceptional waterfront dining. Residents also frequently head up to Bridge Street to enjoy the additional shops, restaurants and night life.
Besides the fantastic location, the coveted community dock features running water, a fish cleaning station and boat ramp. While enjoying the community dock, residents join together at 5 pm for Yappy hour where they bring their dogs to gather and enjoy. The relaxed vibe of the north end is tranquil, quiet, serene and allows residents to immerse themselves in the beautiful nature surrounding them. Residents also occasionally see spectacular peacocks roaming the street. This ideally located corner lot cannot be missed. Information from an architect design team or builder to see your visions come to light can be provided upon request. Schedule your private showing today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,700,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,360,000 | $1,360,000 | $1,360,000 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,708 | $8,821 | $11,941 |
Total Monthly Payment | $8,833 | $8,946 | $12,066 |
* 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.