This 3-bedroom, 2-bathroom home offers an unmatched waterfront lifestyle with over 180 feet of concrete sea wall on stunning Lemon Bay. Currently being sold as-is, this property offers a world of potential: preserve the structure and renovate to suit your vision or start fresh with a clean slate and build your dream waterfront home from the ground up.
As you step inside, you're greeted by breathtaking panoramic views of the water that fill the open living space with natural light. To the right, you’ll find the second and third bedrooms along with a full bathroom. At the heart of the home, a charming fireplace serves as a focal point between the living and dining rooms. The primary bedroom is positioned at the back left, featuring a spacious layout, walk-in closet, and generous en suite. Outside, the expansive pool area is ideal for entertaining or simply soaking in the serene surroundings. Watch dolphins play or relax as the sun sets over the bay—an idyllic setting for any occasion. Nestled on a cul-de-sac, this home offers extra privacy yet remains close to Englewood’s historic Dearborn Street and the Englewood Veterans Memorial & Freedom Pavilion. Convenient to local boat ramps, medical facilities, shopping, and dining, this home offers the best of coastal living just minutes away. Explore the possibilities of this remarkable property and experience the tranquility of waterfront life!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,400,000
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 | $1,120,000 | $1,120,000 | $1,120,000 |
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 | $370 | $370 | $370 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,264 | $7,171 | $9,834 |
Total Monthly Payment | $7,759 | $7,666 | $10,329 |
* 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.