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Waterfront retreat located directly on the Braden River with Tampa Bay boating access! This single family home, located just north of all the convenient dining and shopping options of State Road 70, takes you back in time to the very best in old Florida living. As you drive into the nearly 1. 5 acre estate, a newly paved drive greets you as you enter the parcel with a PVC picket fence and mature trees. Here is a rare opportunity to enjoy the existing 3 bedroom, 2 bathroom pool home, or build a brand new luxury estate. With a tucked away feeling, a spacious lot, gorgeous river and mangrove views, this property also has a multi-family zoned use with a 24x24 solid block storage building with an adorably furnished mother-in-law apartment with new luxury vinyl flooring above to use for visitors or produce income, with a great view of the river. The main home is 1810 square feet under air with updated kitchen with granite counters, newly faced cabinetry, pantry with solid wood pullouts, new stainless appliances and a large kitchen island. The primary ensuite bath has also been updated with new vanity and walk in shower. Highlights include split bedroom floor plan, terrazzo flooring, a flagstone gas fireplace for convenient ambiance with the turn of a switch, and a wall of sliders leading to a large screen enclosed pool. A newer Trex deck is directly on the Braden River. The south portion of the land borders a Manatee County easement for even more privacy with no neighbor. While this home is ready for updating, it is being offered BELOW the new April 2025 appraisal! Plenty of RV and boat parking in addition to the two car attached garage. Minutes to I-75, and an easy 30 minute drive to the gorgeous powder sand beaches of the Gulf of Mexico. So much already in place and so much future potential if desired, a perfect investment with many options!
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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** | 6.250% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.898% | 6.739% | 6.560% |
Monthly Tax Payment | $366 | $366 | $366 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,182 | $4,349 | $5,870 |
Total Monthly Payment | $4,640 | $4,807 | $6,328 |
* 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.