Significant price Improvement of $200, 000. Seller will consider holding paper - seller is creative, let’s talk. Coastal point of view with inland peace of mind! Iconic waterfront sunsets await without the drama of living too close to the ocean. Positioned 15 miles east from the nearest beach, boasts a private estate on Ward Lake to build your Florida dream home. Battle tested through the most challenging hurricane season this area has seen in well over a century, this property did not suffer any significant flooding or wind damage. And while this history is no guarantee against future storm risks, it does provide valuable insight. Bordering a fresh water lake in Manatee County, the property does not experience tides. Furthermore, a dam separates Ward Lake from the brackish water of the Braden River, making it more resistant to storm surge. Nevertheless, Ward Lake still remains boatable with fishing, sightseeing, and entertainment/dining options available. This 2. 17-acre waterfront vacant land presents an unparalleled opportunity for ownership, combining tranquility and convenience. The adjacent parcel can be purchased as well in a package with this parcel (MLS: A4615365). Spanning a serene expanse, this property is a canvas for your vision and offers a rare opportunity to create a haven in a highly desirable location. This opportunity provides the best of both worlds - private water views coupled with in-town conveniences. Boasting 225 feet of frontage along the picturesque Evers Reservoir, this parcel is a mere 2 miles from the I-75 corridor, ensuring swift access to shopping, dining, and a myriad of amenities. This secluded and exclusive paradise is nestled behind a gated entrance to ensure privacy. Spanning an idyllic landscape, the property is meticulously kept with swaying palm trees and enchanting uplighting, creating an oasis of natural beauty. Beyond the gates, a lifestyle of leisure unfolds. . . kayaking, fishing, bird watching, and seamless boating adventures to nearby Jiggs Landing, Braden River and the renowned Linger Lodge restaurant. This premium location provides not just a piece of land but a gateway to an elevated way of life. Craft your dream home on this generous canvas, with the added luxury of western views that open up to breathtaking panoramas of Florida's diverse wildlife and offer a front-row seat to mesmerizing sunsets. Immerse yourself in the serenity of waterside living, all while being in close proximity to the pulse of nearby attractions. Don't miss the chance to seize this rare chance to own a waterfront sanctuary, promising scenic beauty, making every day a retreat in your personal oasis. Let's Talk. . .
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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 | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,967 | $5,891 | $8,078 |
Total Monthly Payment | $6,092 | $6,016 | $8,203 |
* 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.