This North Siesta Key property is a prime opportunity for buyers looking for a serene canal lot. Spanning . 43 acres, the oversized lot measures 114x160x80 and is enveloped by a lush tropical landscape. Located in the Harmony subdivision, you’re just minutes from Siesta Village and Out-of-Door Academy. Enjoy easy access to water activities—launch your kayak from your backyard or take your boat to the nearby sandbar.
The neighborhood's tranquil vibe is complemented by the convenience of being close to Siesta Key Village’s Saturday’s farmers market and dining venues.
While the property has suffered extensive storm damage and is being sold as-is, it offers significant potential for a remodel or new build. Key features include 80 feet of canal frontage with an undamaged composite dock, a recently renovated pool and pool deck, new windows and doors, and a full solar electric system with two Tesla batteries, all of which remain undamaged.
This is a fantastic opportunity to create your dream home in a prime location!
***Please note that most of pictures 1-36 show current condition, pictures 1, 2, 6, 7, 11, 13, 15, 17, 19 and 21 as well as 37-91 are pre storm. ***
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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 | $1,436,000 | $1,436,000 | $1,436,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.636% | 6.684% |
Monthly Tax Payment | $494 | $494 | $494 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,195 | $9,077 | $12,509 |
Total Monthly Payment | $9,814 | $9,696 | $13,128 |
* 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.