Discover the epitome of coastal elegance in the heart of Longboat Key's historic village, where this exceptional property beckons discerning buyers to create their coastal dream retreat. Nestled on a sprawling 12, 000 square foot lot, this blank canvas awaits a visionary owner to bring a custom-designed masterpiece to life.
The unique allure of this property in the meticulous planning that has gone into the PERMITTED set of architectural drawings this property is being sold with. Every architectural detail has been carefully considered, and if needed, a builder is poised and ready to embark on this remarkable journey with you, making your coastal vision a reality. Arrange a meeting to discuss the architectural designs and envision the grandeur that awaits.
For those who crave the ultimate coastal lifestyle, this community provides access to a world of aquatic adventures. Residents here enjoy privileges like the community boat ramp and dock, while fishing aficionados will delight in the numerous piers, and the kayaking / paddleboarding enthusiasts have easy access to the bay's pristine waters.
Just a stone's throw from your future doorstep, you'll find the inviting sandy beaches and crystal-clear waters of the Gulf of Mexico. This is where your retreat to relax, soak up the sun, and bask in the Gulf's azure splendor.
But it's not just the location that sets this property apart; it's also the proximity to Longboat Key's finest dining and entertainment establishments. Within a leisurely stroll, you can savor culinary delights at renowned restaurants like The Shore, Mar Vista, and Whitneys. And should you ever desire a change of scenery, the vibrant nightlife and charming shops of Anna Maria Island are just a short trip over the bridge.
This is your opportunity to craft a coastal masterpiece in a historic village, where luxury living is matched only by the breathtaking beauty of your surroundings. Create your Longboat Key legacy today – your exclusive oasis awaits. Contact us now for more details and let your imagination run wild as you envision the extraordinary life that awaits you in this coastal haven.
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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** | 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 | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,893 | $6,634 | $9,096 |
Total Monthly Payment | $7,018 | $6,759 | $9,221 |
* 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.