Asking price reflects the land value only. This is an opportunity for the buyer to design and build a new waterfront home with 114 feet on a mainland canal in a convenient neighborhood that also connects to the intercoastal waterway and gulf. Siesta Key is just minutes away. Sailboat water, the entire seawall was replaced in 2023, the entire dock was replaced in 2023 and the 13,000lb lift was removed and reinstalled in, as well as the davit. Public sewer and water are connected. Flood damaged home is currently uninhabitable without restoration. Restoration is certainly an option. Floor coverings, damaged drywall and all cabinets were removed after flood waters receded.
Subdivision:
AQUALANE ESTATES 3RD
Utilities
Cable Available, Electricity Available, Sewer Connected, Water Connected
Lot Description:
In County, Level, May Need To be Filled, Room For Pool
View Description:
Pool, Water
Elementary School:
Phillippi Shores Elementary
Middle School:
Brookside Middle
High School:
Riverview High
1620 Shelburne LANE, Sarasota, FL, 34231
The rates and annual percentage rate (APR) displayed are based upon the following assumptions: a 20% down payment (e.g. $20,000 down on a $100,000 purchase price), conforming loan amount, $1,950 in finance charges, 30 days prepaid interest, 1 point, 30 day rate lock. The rates and annual percentage rate (APR) will vary depending upon the actual down payment percentages, points and fees for your transaction. Rates and the margin for adjustable rate mortgages [if applicable] are subject to change without prior notice and may vary with your unique credit history, and terms of your loan. The rates displayed vary by property state, may change or not be available at commitment or closing or may be subject to product restrictions.
The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first five years (for a 5/6 ARM) or seven years (for a 7/6 ARM) 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.
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