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Presented by![]() Wendy Reservitz |
Welcome to Banyan Bayou, a land condominium located on Little Gasparilla Island, a bridgeless barrier island off the Cape Haze Peninsula, accessible by boat only. In this community you have a 1/7 undivided interest in the gulf to bay property, a community deep water dock, and private beach access. HOA fee is on an as needed basis. This beautiful 3 bedroom, 3 bath, 2007 built home was renovated after hurricane Ian in 2022 to include a new metal roof, hardy board siding, new vinyl floors throughout the house, new kitchen cabinetry, new stainless-steel appliances; stove, microwave, dishwasher, French door refrigerator, wine cooler, ceiling fans in all rooms, the wrap around deck has new decking and railings with stainless steel wire, and flat roof on second floor balcony area was replaced. The home was beautifully furnished in 2024. On the first floor, a kitchen that would make any chef happy has beautiful granite counter tops and a large island with dining area and closet pantry, a full bath with beautiful shower tile, travertine floors and granite countertop, large laundry room with travertine floors and shelving for storage, den/3rd bedroom with pocket doors, large living room, and screened in porch. On the second floor, are two primary suites with French doors leading out to the open balcony, facing west, with partial views of the gulf. Both ensuite bathrooms have beautiful wall tile, granite countertops and travertine floors. Downstairs, under the house is a large porch, dining area, a fire pit area, storage shed large enough to hold all your fishing tackle, beach toys and golf cart, and an outdoor shower. Little Gasparilla Island has no commercial properties, 3 ½ miles of a beautiful and uncrowded beach, and great fishing in the surrounding waters. Come and see what living in paradise is like.
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:
$749,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 617.680.2063
Wendy.Reservitz@Raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $599,200 | $599,200 | $599,200 |
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% | 6.112% |
Monthly Tax Payment | $890 | $890 | $890 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,738 | $3,936 | $5,016 |
Total Monthly Payment | $4,720 | $4,918 | $5,998 |
* 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.