Measuring 80-by-100 feet, this spacious lot provides ample room to bring your dream home to life, with freedom to choose any licensed builder you desire. What's more, the absence of CDD fees and HOA fees translates to immediate savings from day one, allowing you to invest more in creating your ideal coastal retreat. With no deed restrictions in place, your property rights remain unrestricted, granting you the freedom to design and personalize your sanctuary to your heart's content. And with the lot backing up to Sarasota County property, you can rest assured knowing your serene surroundings will remain untouched by future development, preserving your peace and privacy for years to come. This vacant lot presents an enticing opportunity for those seeking their slice of paradise. Close access to the South Venice Beach ferry, conveniently running every 30 minutes throughout the day, makes accessing the Gulf of Mexico's pristine shores easy. Operated by a licensed captain, the ferry offers convenience and peace of mind for frequent beachgoers. For a modest fee of $180 per year, you can enjoy unlimited rides, while an additional $150 per year grants access to the boat ramp, ensuring seamless transitions from land to sea.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$89,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $71,200 | $71,200 | $71,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $462 | $456 | $591 |
Total Monthly Payment | $537 | $531 | $666 |
* 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.