Prime Development Opportunity on Siesta Key – 3480 Anglin Drive
This double lot, spanning 16, 200 square feet, is an ideal site for redevelopment. Located at the corner of Anglin Drive and Siesta Drive, this corner lot is 181 ft from Anglin Dr to Flamingo St with 90 ft of frontage on Anglin offering excellent visibility and accessibility. Zoned residential, the property is positioned just a short distance from Siesta Village, providing convenient access to shops, dining, and the world-renowned Siesta Key Beach. The property currently features a two-storey project home that can be removed, making way for new construction. Whether you're a developer or a home builder, this lot provides a blank canvas to create a custom residence or a spacious single-family home. This rare offering combines location, size, and potential in one of Florida’s most desirable coastal markets. Capitalize on this exceptional opportunity. Contact us today for details and to schedule a site visit.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,300,000
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 | $1,040,000 | $1,040,000 | $1,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.750% | 6.664% |
Monthly Tax Payment | $317 | $317 | $317 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,659 | $6,659 | $9,060 |
Total Monthly Payment | $7,101 | $7,101 | $9,502 |
* 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.