Discover unparalleled waterfront living with this extraordinary 1. 3-acre vacant lot, located on the sought-after Island Estates, one of Florida's premier gated communities. Situated on a saltwater canal with 138 feet of direct canal frontage, this property offers seamless access to the Intracoastal Waterway, making it an ideal location for boating enthusiasts.
Imagine designing your dream home with the convenience of a private dock right in your backyard, allowing you to moor your boat and enjoy quick access to the open waters. The lot's expansive size and prime location provide the perfect foundation for crafting a luxurious retreat tailored to your desires.
Key Features:
Generous Size: 1. 3 acres of pristine land, offering ample space for your custom home and outdoor amenities.
Waterfront Access: 138 feet of saltwater canal frontage with direct access to the Intracoastal Waterway. Build your private dock for effortless boating right from your backyard.
Exclusive Community: Located within Island Estates, a gated community offering 24-hour security for peace of mind and private beach access.
Optional Membership: Gain access to the renowned Hammock Dunes Club, featuring two world-class golf courses, an oceanfront clubhouse with diverse dining options, event rooms, a fitness center, pool, tennis courts, pickleball, bocce ball, and a vibrant array of social activities.
Flexibility: No time restrictions to build, allowing you the freedom to plan and develop your property at your own pace.
This lot is a rare opportunity to secure a prime piece of real estate in a coveted location, offering both luxury and convenience. Embrace the Florida lifestyle with breathtaking water views, a private dock, and exclusive community amenities. Don’t miss your chance to make this exceptional property your own.
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Our Executive Mortgage Banker:
Our Insurance Division:
$299,000
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 | $239,200 | $239,200 | $239,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,591 | $1,590 | $2,051 |
Total Monthly Payment | $1,666 | $1,665 | $2,126 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.