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ACT FAST – A HIGHLY SOUGHT-AFTER 195’ WATERFRONT OPPORTUNITY AWAITS! This BOATER’S DREAM location is just one lot from Lemon Bay, offering quick and easy access to the Intracoastal Waterway and the Gulf of Mexico via Stump Pass. Nestled on an expansive, beautifully landscaped lot, this property is minutes from quaint downtown Englewood and just a five-minute drive to Englewood Beach. The well-built exterior of this home has stood strong, featuring stucco walls, a replaced shingle roof, an inviting custom-built, 9-ft deep Pebble Tec pool with a screened lanai, a 12, 000 lb boat lift, and lush tropical landscaping enhanced with irrigation, high-quality pavers and stonework. Now for the exciting part—the interior is a blank canvas! Fully remediated and ready for your vision, you have the opportunity to customize everything to your taste, including drywall, windows, doors, flooring, cabinets, appliances, lighting, plumbing, and electrical. Optional estimates are available to help bring your dream home to life. Outdoor living is exceptional! A 48-ft x 8-ft covered porch along the side of the home can be fully enclosed, adding approximately 384 sq. ft. of additional under-air living space. The screen-enclosed pool sits on an expansive 25-ft x 54-ft paver deck, perfect for entertaining or unwinding after a day on the water. The oversized garage offers ample space for storage, a workshop, or even a home addition. Situated on a quiet, private road and cul-de-sac, this home features central water and sewer and provides easy access to some of Florida’s best fishing, boating, and breathtaking sunsets. BONUS: Enjoy the ultimate walkability to downtown Englewood, where coastal charm comes to life with local coffee shops, restaurants, boutiques, live music venues, and the renowned weekly Dearborn Farmers Market—all just a short stroll away! Don’t miss this rare opportunity to design your dream home on a prime waterfront lot and own your own piece of paradise. Call for a showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$849,000
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 | $679,200 | $679,200 | $679,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.949% | 6.865% | 6.726% |
Monthly Tax Payment | $599 | $599 | $599 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,237 | $4,405 | $5,917 |
Total Monthly Payment | $4,928 | $5,096 | $6,608 |
* 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.