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!! MAJOR PRICE REDUCTION !! DON'T MISS OUT !! NO FLOOD WATER INTRUSION from last year’s hurricanes. Your very own resort-style retreat in the boating community of Overbrook Gardens. This rare, one-of-a-kind home boasts a Private Dock equipped with a built-in 10, 000lb Boat Lift that offers unfettered access to the Intracoastal Waterway and the Gulf of America.
Step inside to find a home where every detail has been upgraded for comfort and durability. The property features Impact-Resistant Windows, with the front living room windows with one-way heat control privacy film for energy efficiency and privacy, an Impact-Resistant Sliding Door, and Impact-Resistant Entry Doors ensuring safety and peace of mind. This Open-Concept home showcases a Completely Remodeled Kitchen with Helmsley patterned Cambria Quartz Countertops, a classic Subway Tile Backsplash, and new GE Appliances including a smart range that can be turn on or off while away from home. A Custom Hidden Bookcase Door adds an element of intrigue, leading to the second bedroom, which features 2 Twin Murphy Beds for versatile space usage. The Flex Room w/ Laundry also surprises with a concealed Queen Murphy Bed, acting as a 3rd Bedroom when guests are in town, maximizing efficiency and space.
A New Roof installed in 2019 and an Updated Sewer Line in 2024 ensure reliability and peace of mind.
Outdoors, the magic of "E-Moc-Lew Island" truly comes to life. An 8-foot wood fence offers privacy around the expansive backyard where you can enjoy beautiful sunrises, relax in Serenity Corner watching the osprey in its nest, or observe the graceful flight of herons, egrets, and eagles over the canal. The Tiki Hut is the centerpiece of outdoor relaxation, adorned with Custom Artwork, unique lighting, a bar with seating, and a gas grill, and a Swim Spa where you can unwind in luxury. The Tiki Hut features marine-grade posts and 20-Year Composite Palm Fronds to ensure years of enjoyment. The backyard is a landscaped haven with Custom Pavers, an outdoor shower, and numerous pieces of Durable HDPE Furniture, alongside Custom Wood Furniture, offering a playground with games like Giant Jenga, cornhole, Tiki Toss, a Putt-Putt Golf hole, or you can unwind in the swim spa or the hammock in the affectionately named "Hammoc Lew Snoozery. "
For water lovers, the joy of boating in the canal where you might spot manatees, or exploring further into the Intracoastal Waterway towards the Gulf, is just steps from your back door. The neighborhood itself is a haven for those who love to bike, with easy access to the beach where you can enjoy the pristine shores of Manasota Beach. Overbrook Gardens has an optional HOA that give you access to a Community Boat Ramp.
Just a short drive away, indulge in the vibrant scene of Englewood Village at Dearborn Street, where you'll find a mix of shopping, dining, and historical charm. This home isn't just a residence; it's a lifestyle where every day feels like a vacation. Embrace the resort life at "E-Moc-Lew Island, " where the boat life meets nature in perfect harmony.
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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 | $399,068 | $399,068 | $399,068 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.095% | 7.141% | 6.152% |
Monthly Tax Payment | $148 | $148 | $148 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,522 | $2,652 | $3,341 |
Total Monthly Payment | $2,745 | $2,875 | $3,564 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.