Under contract-accepting backup offers. Discover the perfect canvas for your dream home on this stunning waterfront lot along the picturesque Manatee River. This prime parcel offers breathtaking views, gentle breezes, and direct access to the water, making it an ideal location for boating, fishing, and enjoying the natural beauty of the area. Spanning over 13, 500 sq ft, the lot provides ample space for your custom build while maintaining a serene atmosphere. Surrounded by lush landscapes and charming wildlife, this property is a rare gem for those seeking tranquility and recreation. Take a short stroll over to the south marina where your 30’ boat slip awaits and will accommodate up to a 35’ boat! Live like you are on permanent vacation with access to the 8, 600 square foot resort center featuring a fitness center, game room, activity room and resort style waterfront pool & spa. Private riverfront Beach w/kayaking, paddle boarding, picnic & grill area. Water’s Edge is in a perfect location for commuters and boaters alike! This secure gated community is only 4. 5 miles to downtown Bradenton, 19 miles to St. Petersburg and 14 miles to Sarasota Airport. Photos are of a similar model home. Minimum home size requirement of 3, 300 sq. ft. under air. Conveniently located near shopping, dining, and entertainment options, you'll enjoy the best of both worlds—peaceful riverfront living and easy access to local amenities. Don’t miss the boat on this incredible opportunity to create your waterfront oasis as this is the only River front lot currently available in Water’s Edge. This lot is also listed as a Pre-construction opportunity MLS A4627017
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William Raveis Real Estate
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $420,000 | $420,000 | $420,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.802% | 5.990% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,724 | $2,689 | $3,488 |
Total Monthly Payment | $2,816 | $2,781 | $3,580 |
* 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.