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Welcome to 5231 Conner Terrace — a true boater’s paradise located in the quiet, desirable waterfront community of Gulf Cove. Just minutes from world-class fishing in the Myakka River, Charlotte Harbor, Boca Grande Pass, and the Gulf of Mexico, this impeccably maintained home offers the ultimate Florida lifestyle for water enthusiasts. Situated on a prime waterfront lot with 80 feet of concrete seawall, this 3-bedroom, 2-bath residence is packed with exceptional features. The property includes two expansive boat docks — the first with a 10’ x 30’ platform, 13’ x 35’ cover, a 12, 000-pound boat lift, electric, water, remote control, and an 8-foot deck box for storage. The second dock measures 10’ x 16’ with a 13’ x 25’ cover, 6, 000-pound lift, water, electric, and remote control. A double floating jet ski dock adds even more functionality, and a stainless steel/teflon fish cleaning station with running water and umbrella mount makes post-fishing cleanup comfortable and convenient. For paddle craft lovers, a pressure-treated storage rack holds kayaks, canoes, or jon boats for easy access to the water. Inside, you’ll find a thoughtfully updated interior featuring laminate and tile flooring throughout. The gourmet kitchen is ideal for entertaining, complete with granite countertops, solid wood cabinetry, a built-in wine cooler, and a bar sink. The home also includes a 10’ x 16’ utility shed with electricity, a concrete boat/trailer pad located in front of the garage, and a storm-rated tie-down system with four anchor points to secure your vessel during severe weather. Enjoy outdoor living year-round with a heated pool and spa enclosed in a spacious lanai. The pool cage and screens were replaced and repaired in December 2022. A dedicated dog run adds convenience for pet owners. Built with durability and safety in mind, the home features impact-resistant windows and a hurricane-rated garage door with remote control. Best of all, this property has never experienced flooding even during Hurricanes Ian, Helene, or Milton.
With its unbeatable combination of location, features, and lifestyle, 5231 Conner Terrace is a rare opportunity to own a true waterfront gem. Schedule your private showing today!
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Our Executive Mortgage Banker:
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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 | $576,000 | $576,000 | $576,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.172% | 7.154% | 6.172% |
Monthly Tax Payment | $751 | $751 | $751 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,688 | $3,828 | $4,822 |
Total Monthly Payment | $4,531 | $4,671 | $5,665 |
* 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.