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RARE OPPORTUNITY to own a half ACRE of direct beach front! Affectionately known as the “Tiki, this corner property is one of the
largest privately owned stretches of beach on Anna Maria Island. You will be living a dream stepping out onto your deep expansive
beach to gaze out at the Caribbean Blue waters of the Gulf every morning and conclude your days with stunning sunsets. Build the
estate of your dreams on this secluded stretch of the Gulf with over 100 ft of direct beach frontage! A sweet 4 bedroom 2. 5 bath cottage
sits on this renowned and distinguished property that has been beloved for years with its vintage feel and effortless charm along with a 3 unit complex which consists of a 3/3, 2/1 and an efficiency but the HUGE potential is the ability to build your family’s private retreat that will last for generations to come. You must see it, walk it and envision the possibilities to understand just how special it is. Plans available for a
stunning new construction 8 bedroom/8. 5 bathroom home that would fit perfectly. This ONE OF A KIND PROPERTY is like nothing else on
Anna Maria Island so schedule your appointment to see it today!
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:
$9,500,000
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 | $7,600,000 | $7,600,000 | $7,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.739% | 6.686% |
Monthly Tax Payment | $4,767 | $4,767 | $4,767 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $46,795 | $48,664 | $66,204 |
Total Monthly Payment | $51,687 | $53,556 | $71,096 |
* 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.