Welcome to your slice of paradise on this exquisite 1. 08-acre waterfront lot with seawall located west of the trail in beautiful Sarasota, Florida. This exceptional property offers breathtaking views of Sarasota Bay, making it the perfect canvas for your dream home. Imagine waking up each day to serene water vistas and stunning sunsets that fill the sky with vibrant colors.
Nestled in a upscaled area, this lot boasts the historic Crosley Mansion and the renowned Ringling Museum as your charming neighbors to the south, enriching your surroundings with culture and elegance. With ample space to design a custom residence tailored to your lifestyle, this large lot provides the unique opportunity to create a luxurious retreat while enjoying the tranquility of bayfront living.
The location is ideal for those seeking a blend of natural beauty and convenient access to Sarasota’s vibrant cultural scene, exquisite dining, and pristine beaches. Don't miss your chance to own this unmatched waterfront property and build the home you’ve always envisioned in one of Florida's most coveted areas. Embrace the lifestyle you've always dreamed of on the shores of Sarasota Bay!
Please check the survey map as shown in the photos. The property is Parcel A, it does NOT include Parcel B. Buyer to verify size and dimensions of property. Tax records show this lot with an X500, X and Ve designations for flood zones. The property elevation slopes up from the Bay to the road. Contact the County to get more accurate info where the X500 part is located so you can build outside the X and Ve zones.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,177,000
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 | $3,341,600 | $3,341,600 | $3,341,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.406% | 6.864% | 7.058% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,674 | $21,674 | $29,570 |
Total Monthly Payment | $21,799 | $21,799 | $29,695 |
* 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.