Price Improvement and the best value in the area to build your custom home with a deeded boat dock included in the price! Welcome to The Islands on the Manatee River, a private gated waterfront boating community nestled among world class golf courses that celebrates Florida’s natural beauty. Voted "Best Community" in the Sarasota-Bradenton Parade of Homes for the last 8 years!
This is one of the largest lots for sale and one of the last available to be exact, lot 14 . 8116 acres and 35, 355 sq feet on Rive Isle. It sits on a perfect angle to have a wide open view of water and preserve. This particular phase the minimum house build is 2800, but you can go larger. This is a custom build home area with many approved builders, and an option to bring in your own builder "BYOB". In addition to all the luxuries and beauty of nature you will have a designated deeded boat dock #11, up to 13, 000 pounds and 30 feet long and 30 inches draft. You also opportunity to build another walkway dock to the water from your backyard for the enjoyment for rest, relaxation, fishing, kayaking or bird watching. It sits on a pristine setting of 225 acres just south of the River Wilderness golf community, which offers a wide selection of luxury homes. As a resident of The Islands, you'll enjoy a manned gated entry, no CDDs, and exclusive access to the new River Lodge for you and your guests. This facility offers a range of amenities for indoor and outdoor relaxation and entertaining, as well as a Business Center and a Fitness Center. In addition to the River Lodge, next door is The Club at River Wilderness where you can have an optional Golf Membership. Residents of The Islands can also access the clubhouse at the River Wilderness for all the extra ammenities such as, tennis, pickleball courts, spa, fitness center, and swimming pool. It also has an amazing brand new renovated outdoor patio that overlooks the greens to sit outside during perfect weather.
Another attraction is the Fort Hamer Boat launch 2 minutes away hosts a World Class Rowing Training Facility, it's a popular place for rowers all over the world to come visit and the locals as well. You can watch the activity on the river between rowing, canoes, boats and the manatees that swim in these waters. Within one hour of this paradise you have 3 international airports. Let's not forget you have numerous beaches to choose from, all less than an hour drive including world known Siesta Key and Anna Maria Island. For sports fans you will be able to go to Rays Baseball, Tampa Bay Bucs games and the Lightning for hockey fans. Many shopping opportunities with UTC being an enormous mall along with many stores outside in that area and the Outlet mall just minutes away. Every restaurant you can think of and much much more! Don't miss out, there is much more since this is Florida, so come on down to see your future dream home before all the lots are gone to make your own personal oasis! Islands of the Manatee River is the place to be!
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William Raveis Mortgage, LLC
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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 | $431,920 | $431,920 | $431,920 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,874 | $2,871 | $3,642 |
Total Monthly Payment | $2,966 | $2,963 | $3,734 |
* 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.