Welcome to 300 N. North Dr. , an extraordinary waterfront retreat set on nearly 3/4 acres of land on Lemon Bay in Englewood, FL. With unparalleled access to the bay and an impressive 385 feet of seawall, this property offers sweeping views and the ultimate in coastal living. Experience the beauty of westward-facing sunsets from this private slice of paradise.
The residence features 3 bedrooms, 4 bathrooms, and a versatile media/office room, providing plenty of space for both relaxation and productivity. Car enthusiasts will love the two attached garages with space for up to 4 vehicles, while RV owners can take advantage of the 6” deep shelled parking area equipped with 50-amp service and two sewer cleanouts. This home has over $100, 000 in solar panels that were NOT damaged in the last storms. They operate the entire home, 4 air conditioning units, hot water heater, pool and they even cool their RV. While the sellers were occupying the home their total electric was $27. 00 per month.
For those who love life on the water, this property includes a 10, 000-pound boat lift, making it effortless to launch your vessel for a day on the Gulf. Unwind in the 15 x 30 heated pool with spa or gather around the cozy granite fire pit for evenings of relaxation and conversation.
This property has experienced hurricane damage and is being sold as is, presenting a rare opportunity to reimagine and rebuild this one-of-a-kind estate. Whether you’re looking to restore it to its former glory or create a custom retreat, this unique piece of waterfront paradise is ready to make your vision a reality. This home pre-hurricane was as close to perfect as a home could get! Every detail was thoughtfully designed with high-end materials and quality workmanship.
Don’t miss your chance to own a slice of Lemon Bay with unbeatable views and endless potential!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,800,000
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 | $1,440,000 | $1,440,000 | $1,440,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $1,098 | $1,098 | $1,098 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,340 | $9,220 | $12,743 |
Total Monthly Payment | $10,563 | $10,443 | $13,966 |
* 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.