Zero Storm Damage! Hurricane impact windows and doors along with a Flood Zone X (best flood zone code) construction! Discover the epitome of waterfront luxury living just 3 miles from Lakewood Ranch! This exceptional property presents a rare opportunity to embrace the boating and jet ski lifestyle while enjoying the convenience of being minutes away from the vibrant offerings of Lakewood Ranch. This is a very unique opportunity to own a boating home in a gated golfing community! Situated in the exclusive gated enclave of 'The Islands on The Manatee River, ' this stunning home offers unparalleled access to the waterways. Boasting a private dock, lift, and river/canal frontage navigable to the Gulf of Mexico with direct access and no lock system, it's a boater's dream come true! Step inside to experience timeless Spanish Colonial elegance, with no detail spared in craftsmanship and design. Whitewashed stucco exterior, freshly painted plaster interior accent walls, wood-beamed ceilings, and dramatic fire features exude sophistication and charm. The grand foyer sets the stage for the impressive interior, leading into a breathtaking Great Room with expansive vistas through the hurricane impact windows and doors. A newly renovated gourmet kitchen featuring Thermador appliances, wood cabinetry, and updated quartz surfaces promises culinary delight. In addition, new interior lighting/fans, new flooring throughout, updated bathroom, new landscaping, converted dining room to office, and den to a 4th bedroom are some of the updates that were added in 2023. Entertainment awaits outdoors in the entertainer's paradise, complete with a new panoramic pool cage, an oversized heated saltwater pool, spa, gas fire pit, lounge area with TV, and a fully equipped summer kitchen. Step onto the private Trex dock, equipped with a 10, 000 lb boat lift, offering serene views of protected mangroves and abundant wildlife with no other homes in the distance on this coveted side of the street. Residents of this esteemed community enjoy inclusive amenities such as guard-gated entry, no CDD fees, access to the River Lodge, fitness center, putting green, clubhouse, and social events. Optional investment for Golf and Country Club access adds to the allure of this unparalleled lifestyle opportunity. Don't miss your chance to own this vision of elegance, craftsmanship, and waterfront bliss in one of Florida's most coveted locations!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,225,000
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 | $1,780,000 | $1,780,000 | $1,780,000 |
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 | 7.333% | 6.876% | 6.936% |
Monthly Tax Payment | $1,654 | $1,654 | $1,654 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,545 | $11,545 | $15,751 |
Total Monthly Payment | $13,324 | $13,324 | $17,530 |
* 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.