Exceptional 5-Acre Gulf-Access Waterfront Estate Lot
This is a rare opportunity to own nearly five acres of prime waterfront property with Gulf access—a truly unique offering in the area. Featuring over 200 feet of water frontage, this estate lot is the perfect canvas for creating your dream home/estate.
Property Highlights
Underground Utilities: Infrastructure already in place, with water and sewer lines as well as an FPL transformer extending halfway into the parcel.
Shoreline Improvements: Rip Rap installation along the entire shoreline has been approved by both county and state authorities. Completion is included in the price and will be finalized before closing.
Density Units: The parcel includes two density units for added development flexibility.
Spacious Neighboring Estates: Surrounded by 10 neighboring estate parcels ranging from 2. 5 to 6 acres, with four currently under construction. Homes in the area range from 4, 000 to 8, 000 square feet and include auxiliary buildings like barns and boathouses.
Prime Location
Nestled in the heart of Englewood, this property offers a perfect balance of privacy and accessibility. Located close to:
Englewood Beach
Golf courses
Schools, restaurants, and shopping
This parcel is truly a one-of-a-kind opportunity to create your custom waterfront estate. Whether you envision a sprawling luxury home, a guest house, fishing pond, or auxiliary structures, the possibilities are endless.
Don’t miss out—contact us today to schedule a viewing or learn more about this exceptional property!
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Our Executive Mortgage Banker:
Our Insurance Division:
$998,900
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 | $799,120 | $799,120 | $799,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.200% | 6.748% | 6.786% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,317 | $5,117 | $7,016 |
Total Monthly Payment | $5,409 | $5,209 | $7,108 |
* 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.