Rarely available!
A rare jewel is now available: It's all about the view and the location. This Beachfront & Bayfront Estate Size Home Site for your dream residence or family compound is now available. . . . . . . This prime homesite (10 minutes to downtown) offers unparalleled vistas of the glistening waters, downtown Sarasota, and Bird Key and Lido Key from its expansive 120-foot frontage of private beach, bay, and pass frontage. This exclusive property is among the few that capture downtown views on the NORTHERN TIP of SIESTA KEY and presents an extraordinary opportunity to own a piece of Siesta Key's most prestigious bayfront locations. This unique offering combines two properties into one expansive estate-family compound featuring breathtaking waterfront views, direct beach access, a deepwater boat dock on Big Pass, and 2 protected boat slips on Bayou Louise. It provides a canvas for a dream home nestled in a secluded enclave of private luxury homes. With its significant land size of almost ¾ acres and prime location, it represents a rare blend of sophistication and coastal living in paradise. This is an unparalleled opportunity to create a bespoke estate in a neighborhood known for its exclusivity and high real estate values.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$16,000,000
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 | $12,800,000 | $12,800,000 | $12,800,000 |
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 | $2,948 | $2,948 | $2,948 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $83,021 | $81,960 | $112,383 |
Total Monthly Payment | $86,094 | $85,033 | $115,456 |
* 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.