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Exceptional Multiple Lot Package on Little Gasparilla Island - Beachfront Living
Seize this rare opportunity to own from one to four adjacent homesites in the Banyan Bayou Land Condominium on Little Gasparilla Island.
Lot 8168 and 8164 offer direct Gulf frontage, placing you just steps from the pristine white sands and endless Gulf views, while Lot 8158 and 8156, one lot off beach, offer the perfect complement ideal for a guest cottage, additional outdoor living, or extra privacy. Together, these lots provide a unique opportunity to create your dream island retreat.
Located on Florida's Southwest coast, Little Gasparilla Island is a bridgeless barrier island known for its laid-back charm, world-class fishing, miles of white sandy beaches and untouched natural beauty. Accessible only by boat, the island is a throwback to Old Florida living
Banyan Bayou features seven Gulf-to-Bay homesites, with three developed to date. As an owner, you’ll enjoy lot ownership plus a 1/7 undivided interest in the community shared amenities, including a private dock and deeded access across common areas from bay to beach.
Each lot allows for a custom home between 1, 100 and 2, 400 sq ft, within the defined building envelope outlined in the Declaration of Condominium (available upon request). Financing available with 30% down. Own a piece of paradise where barefoot luxury, coastal beauty, and island solitude await on Little Gasparilla Island.
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:
$164,900
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 | $131,920 | $131,920 | $131,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.360% | 7.179% | 6.288% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $867 | $877 | $1,113 |
Total Monthly Payment | $942 | $952 | $1,188 |
* 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.