An exceptional vacant lot is now available in the coveted North End of Longboat Key. Spanning 8, 400 square feet, this prime property provides the perfect canvas to build your dream home on this exclusive island. With Private and Gated, Deeded beach access, you'll enjoy the serene Gulf waters and pristine white sands just a short walk away, leading to your own beach paradise. The lot's proximity to both the Gulf and Bay offers the potential for breathtaking 360-degree rooftop views of the island, including stunning vistas of the Gulf and Bay.
Nestled in the heart of Longboat Key's North End, this lot provides a picturesque setting for island living. Steps from your door, you'll find everything this tropical haven offers, from the turquoise Gulf waters and tranquil beaches to the peaceful trails and bay access points at Joan Durante Park. World-class dining, boutique shopping, and essential services are all within easy reach. Plus, the surrounding area features new construction, ensuring a modern and vibrant neighborhood.
Directly across the street, the Cedars East Tennis Resort & Club enhances the appeal with luxurious amenities, including a heated junior Olympic-size lap pool, 9 Har-Tru tennis courts, 3 pickleball courts, a state-of-the-art fitness center, a clubhouse with a pro shop, a poolside tiki bar, and a European-inspired restaurant. Membership is optional, offering the flexibility to tailor your lifestyle to your preferences.
Whether you're soaking in the island's natural beauty, exploring nearby parks, or enjoying its upscale amenities, this location is the ultimate place to call home. Don't miss the chance to design your dream residence on one of Longboat Key's last available lots. Seize this rare opportunity and turn your vision into reality today!
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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 | $479,200 | $479,200 | $479,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.386% | 6.623% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,188 | $3,269 | $4,141 |
Total Monthly Payment | $3,280 | $3,361 | $4,233 |
* 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.