HIGH AND DRY, property did not flood during any storm/hurricane. Property already cleared and ready for use! Property can be split and sold into 1. 75 and 5 Acre parcels at buyers choice.
Whether you're a developer or looking for a private piece of paradise, this 6. 75+ acre property on Terra Ceia Island in Manatee County is your ticket to a convenient connection to St. Pete, Tampa, Sarasota, and beyond. Embrace the Old Florida charm of this mostly cleared land, adorned with mature trees, 2 ponds, 1 Cistern well, and county water access at the road.
With over 260' of Road frontage on US 19, this is the biggest parcel of acreage on the island. This versatile property allows you to build your dream estate or establish a business, or even subdivide it into 1-acre lots. Zoned SFR-1, it offers endless opportunities for development. For a business the opportunity and power of free marketing that comes with the conveniently located property is priceless, with thousands of cars passing daily. Another option, make this a private retreat with acreage to build your dream home or even a family compound, the opportunities go as far as your imagination does. There is an option to join the Sea Breeze Community Park for just $125, giving you access to a boat ramp, picnic area, playground, fishing pier and a calendar of events throughout the year. Located just minutes from I-275.
Please note that this is a vacant lot of 6. 75 acres and does not include any structures on the adjacent property. Livestock currently occupies the land, so entry is by appointment only. The seller is open to considering offers to split the land into 2 parcels, offering even more flexibility. After closing, the lot will be separated and assigned a new parcel number or numbers by the tax collector's office. Envision the endless possibilities for private or business use and the privacy that could await you on this beautiful piece of Terra Ceia Island, don't miss out to make this your dream piece of real estate.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,850,000
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 | $1,480,000 | $1,480,000 | $1,480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,477 | $9,599 | $12,994 |
Total Monthly Payment | $9,602 | $9,724 | $13,119 |
* 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.