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Build your dream home on beautiful Longboat Key where every day is a Holiday and life is and endless vacation. This spacious lot is located on a wonderful canal where you can be out in popular Sarasota Bay in just minutes to watch the dolphins or catch your dinner. There is room for a pool as the lot contains 125 ft. of road frontage. You can create your own design and landscape to your liking. The concrete Seawall is in very good condition. The lot is an ideal location with over 10 restaurants within 2 miles of for your dining pleasure. Everything from a quick Breakfast to fine dining when entertaining your guests. Being located close to the end of the canal toward the Bay you can escape from the noise, hustle and bustle of the city. Directly at the end of the block is your deeded beach access where you can sun, swim or just relax and enjoy the ocean breezes. Another plus is that 1 block over is the Cedars East Tennis Resort and club where memberships are available for swimming and the fitness center as well as the 10 Har-Tru Courts. This location is prime. Don't miss your opportunity to live and reside on one of the nicest Keys on the west coast of Florida.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$795,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $636,000 | $636,000 | $636,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,968 | $4,178 | $5,324 |
Total Monthly Payment | $4,060 | $4,270 | $5,416 |
* 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.