HUGE PRICE REDUCTION!!!! Priced to sell. This is your chance to secure a prime piece of real estate in the heart of Holmes Beach, Florida. This vacant 5, 000 sqft lot, zoned R1 (Residential Single Family), presents an incredible opportunity to create your own island oasis. Nestled in a coveted location, this lot boasts not only its close proximity to the pristine sandy shores, but also the unique advantage of backing up to the Grassy Point Preserve/Park, ensuring a serene and private backdrop for your future home. Whether you're an investor looking to capitalize on the lucrative vacation rental market or an individual with a discerning taste for refined coastal living. This lot provides the perfect canvas on the renowned Anna Maria Island to design a luxurious sanctuary that captures the essence of beachside elegance. Anna Maria Island isn’t just a place; it’s an experience. Quaint shops, delectable restaurants, and an inviting laid-back atmosphere. Seize this rare opportunity to sculpt your vision into reality on one of the last remaining vacant lots in this sought-after Holmes Beach neighborhood. Embrace a lifestyle of coastal relaxation, leisurely strolls on the beach, and the luxury of living in harmony with both the Gulf and nature. Don't miss out on this chance to make your mark in one of Florida's most desirable coastal communities. Your coastal dream awaits!
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Our Executive Mortgage Banker:
Our Insurance Division:
$450,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $360,000 | $360,000 | $360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,395 | $2,393 | $3,036 |
Total Monthly Payment | $2,470 | $2,468 | $3,111 |
* 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.