Discover the essence of Florida's coastal lifestyle with this exceptional waterfront property, perfectly situated on a peaceful cul-de-sac street. Set on an oversized lot, this home offers ample space, with breathtaking water views and a protected, separate boat house featuring a dock. Enjoy deep-water access to Lemon Bay, Stump Pass, and the Gulf of Mexico—making it a true boater's paradise.
The outdoor space is your personal retreat, complete with a spacious pool and spa overlooking the serene waterfront. Imagine unwinding poolside, soaking up the Florida sun, and enjoying direct access to the Gulf right from your backyard. Whether you're casting a line, kayaking through pristine waters, or cruising to nearby islands, this property offers endless opportunities for relaxation and recreation.
Conveniently located off Placida Road, this home provides easy access to FL-776 and is just minutes from Lemon Bay, Stump Pass Marina, and the pristine beaches of Manasota Key, Englewood, and Boca Grande. Golf enthusiasts will appreciate the proximity to premier courses in Rotonda West, while dining, shopping, and entertainment options are all within a short drive. For sports fans, two Major League Baseball Spring Training stadiums are nearby, adding even more appeal to this prime location.
Whether you envision a luxurious personal retreat or a high-performing investment property, this waterfront gem on an oversized lot has everything you need to bring your vision to life. From world-class fishing and boating to unforgettable sunsets by the pool, every moment here feels like a permanent vacation.
Don't miss this rare opportunity to own a slice of paradise. Contact us today to schedule your private tour of 1923 Pennsylvania Ave and start living the Florida dream!
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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 | $780,000 | $780,000 | $780,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $647 | $647 | $647 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,994 | $4,994 | $6,848 |
Total Monthly Payment | $5,733 | $5,733 | $7,587 |
* 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.