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This Exceptional lot, just steps from the sugar sands of the beach, offers an incredible opportunity to create your dream 2 or 3-story home. With partial Gulf of Mexico views, you'll enjoy breathtaking sunsets and lazy days relaxing on the beach. OVERSIZED LOT 99 x 97 x 60 x 88 +/- dimensions. The CORNER lot is Perfect for personal use or as a Rental investment and truly is ideal for those looking to embrace the coastal lifestyle. Walk or Bike on the sand to Margaritaville or take advantage of the neighborhood’s amenities, including a dock for for relaxing and watching boats go by on the bay, perfect for Fishing or a relaxing day by the water. MULTIPLE BUILDER INTRODUCTIONS AVAILABLE. HOUSE RENDERINGS & FLOORPLAN IDEAS AVAILABLE. The location couldn't be better—just a short stroll to Publix for all your grocery needs, a nearby marina for boating enthusiasts, and a variety of restaurants and shops offering local dining and entertainment options. This property provides the best of both worlds: a tranquil setting with the convenience of everything you need just around the corner. Whether you want a peaceful retreat or a lucrative rental property, this is a rare and valuable opportunity you won't want to miss. Build the home you've always dreamed of in this highly sought-after coastal community!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,200,000
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 | $960,000 | $960,000 | $960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.748% | 6.701% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,307 | $6,147 | $8,363 |
Total Monthly Payment | $6,432 | $6,272 | $8,488 |
* 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.