616 Lyons Lane, Longboat Key – A Unique Opportunity to Create Your Coastal Dream Home
Nestled on the serene and picturesque Lyons Lane, on a stunning saltwater canal. This property offers a rare chance to embrace the coveted Longboat Key lifestyle. Recently impacted by Hurricane Helene, the home has undergone professional remediation, including the walls and pool, making it a blank canvas for your vision. The current residence with 2 bedroom + bunkroom, 2. 5 bathroom with outdoor shower offers 1, 755 square feet of living space perfect for those seeking a tranquil waterfront lifestyle.
Choose to renovate the existing structure to reflect your personal style or start fresh and build the coastal retreat of your dreams. With its prime location facing Bishops Bayou, and endless potential, this property invites you to craft a haven that perfectly suits your needs.
Lyons Lane is renowned for its tranquility and privacy, with lush mangroves lining the opposite side of the street, creating a natural, peaceful ambiance. This unique setting offers the best of both worlds: a serene retreat just moments away from the pristine beaches, boutique shopping, and fine dining that Longboat Key is famous for.
Don’t miss this exceptional opportunity to own a slice of paradise. Whether you envision a modern masterpiece or a cozy coastal cottage, 616 Lyons Lane is ready to bring your dreams to life. Secure your place in this exclusive community and start enjoying the unparalleled beauty and charm of Longboat Key today. Photos with full furnishings from listing Prior to Hurricane Helene are included for reference.
Roof Replaced 2013: Dock Rebuilt 2017; HVAC and pool pump Replaced Post Hurricane in October 2024.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,295,000
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 | $1,036,000 | $1,036,000 | $1,036,000 |
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 | 7.559% | 6.723% | 6.847% |
Monthly Tax Payment | $1,203 | $1,203 | $1,203 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,719 | $6,634 | $9,096 |
Total Monthly Payment | $8,047 | $7,962 | $10,424 |
* 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.