UNSURPASSED EXPANSIVE VIEWS of LEMON BAY are waiting for you here! With so much of old Florida disappearing, this MOVE IN READY home is one of a kind. Anyone who yearns for a TURNKEY PRIVATE getaway, with DEEDED BEACH ACCESS situated in a quiet community, will immediately recognize this rare opportunity. Prepare to relax! As you drive down to the end of a short gravel road, you will feel the tranquility this home offers with its charming, even whimsical design. The ELEVATED WATERFRONT construction gives you the kind of vantage points that make it feel like your own private resort. Explore the new TROPICAL LANDSCAPING maintained by a full irrigation system as well as the EXPANSIVE COVERED OUTDOOR LIVING space that is perfect for adding a hot tub, swinging chairs, ping pong table, and more. Come on inside. Choose any room because every room has a view of Lemon Bay and access to a deck. The PANORAMIC VIEWS of the bay are nothing short of BREATHTAKING! Banyan trees, resident bald eagles keeping watch, dolphins, manatees, sting rays, splashing fish, singing birds and more are all a part of your daily visual extravaganza! As you relax, you will also appreciate the care the owner has put into this home. Storm fortification in 2014 included an $80, 000 PANORAMIC wall of PGT HURRICANE WINDOWS and SLIDING GLASS DOORS leading to the CABLED DECKING. In 2024, newly added amenities include GORGEOUS MARBLE FLOORING, a complete DUAL ZONE AIR CONDITIONING SYSTEM, large capacity WATER HEATER, and GARAGE DOORS, WINDOWS, CUSTOM BUILT-IN SHELVING, and COMPLETELY REFURBISHED HALF BATH. The unique floor plan offers three bedroom suites, each situated in their own wing with their own full bath affording privacy for a multigenerational vacation, or for a couple that likes to entertain, or even for the occasional special rental opportunity. The largest suite is conveniently positioned where it could have a separate private entrance. All suites converge in the great room, the heart of the property, where the expansive views are enjoyed by all as memories are made to last a lifetime. Speaking of memories, a favorite of the current owner is to rent kayaks and paddle home to the private DOCK and SEAWALL while watching the frollicking dolphins at play nearby. When you want to venture out, there is an amazing community to complete your experience. What can you say about a small town that lends life jackets on the honor system at the public boat launch? MANASOTA BEACH PARK and THE SCRUB PRESERVE are both open. Join the VENICE YACHT CLUB or the MANASOTA FOSSIL CLUB. The HERMITAGE celebrates its reopening on Jan 30th, and residents look forward to the HISTORIC MANASOTA BEACH CLUB opening soon. Situated on the southern part of the key you can easily take advantage of recently reopened RESTAURANTS and SHOPS to ease into your casual island living routine. Don’t miss your chance to explore this amazing property located in one of the TOP 10 PLACES TO RETIRE according to Southern Living, and make it your new home in old Florida!
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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 | $1,519,200 | $1,519,200 | $1,519,200 |
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 | $1,068 | $1,068 | $1,068 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,107 | $9,728 | $13,338 |
Total Monthly Payment | $11,300 | $10,921 | $14,531 |
* 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.