Under contract-accepting backup offers. Manasota Key. . . the heart of paradise! Welcome to one of the largest and last waterfront undeveloped residential parcels remaining in the area. This property has been owned by the same family for over 70 years, and is being offered now making this opportunity truly one of a kind. Located north of Middle Beach where traffic is sparse, this parcel offers you everything you could dream of. . . Here you will enjoy a laid back lifestyle on this beautiful 5 acre + lot with waterfront sunrises overlooking Lemon Bay. Prefer sunsets? Your deeded private beach faces west featuring the Gulf of Mexico as your backdrop! Like to boat, fish, and swim? Your future dock awaits your vessel and only here you can have it all!
Offering a perfect combination of privacy and views, this lot is over 950' deep and can be subdivided. This unspoiled land presents the new owner some of the best native vegetation Old Florida showcases and just may be the perfect space to build your future dream home. Sit out on your future deck in the afternoon and see the dolphin breach the water or the manatee relax in the shade while entertaining your family and friends. Manasota Key is one of the true last remaining slices of Old Florida surrounded by miles of pristine Gulf beaches and the beautiful waters of Lemon Bay.
If you have an active lifestyle and seek adventure, we have that covered too. . recreation surrounds you, including 3 public beaches, Stump Pass State Park, charming shops and dining; including everything from casual to fine dining. Located in Sarasota county, this street meanders through a protected "Canopy Road" and is a most certain delight to drive! Englewood is regarded as one of the best places to retire, live and play with all the nearby golf courses, tennis clubs, shopping, dining and world class fishing! Call today to learn more about this ONCE IN A LIFETIME BUY!
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William Raveis Mortgage, LLC
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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 | $2,191,920 | $2,191,920 | $2,191,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.750% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.239% | 6.849% | 7.037% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,767 | $14,217 | $19,549 |
Total Monthly Payment | $14,892 | $14,342 | $19,674 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.