Mid-Century Modern residence! A gulf front oasis that can only be described as a home that represents the classic sought-after Old Florida beach residence. This sand castle has been built for perfection to reside year round, or to be the vacation destination for family and friend gatherings! It’s an impeccably maintained residence and landscaped ideally for the beach! Easy breezy landscaping with lots of swaying palms. The kind of landscaping that allows you the time to enjoy where you live and all that the island offers. No high cost in landscaping needed to maintain an optimum appearance year-round. You will love how a beachy tradition is blended with the sleek openness of the homes floor plans! The sun-drenched Florida room flows out to a large open-air patio. The concept creates an ease while entertaining large groups and enjoying unmatched sunsets with your friends and family! Your kitchen offers views of the gulf as well as facing to your guest while dining. There are multiple dining areas for the pleasure of your guest! The main kitchen has a counter style for casual dining. It also has area for the chef to have a small office area. The charms that this residence gives each room will make it difficult for you not to want to move right in! It will be hard to choose which room you will find more welcoming. All areas of the home are purposely designed, spaciously, peaceful and soothing for its owner’s souls. This is truly an ultimate private beach to bay residence, with glimpses of the Frank Lloyd Wright design. Including a large well-kept utility boat house with garage doors on the bay. Tremendous space for protection of your kayaks, SUP, canoes, or bikes. There is also a small boat basin on bay which makes it easy to board your water toys. The dock is equipped with a 10K boat lift. The water and electric are all in place. Home has two septic tanks. The bay side offers 150 feet of pre-cast seawall. A tremendous asset as it is restricted today to build new.
The home is being sold with most furnishings. The sellers will have designated any furnishings and personal items they will be removing when the home is sold. So considered it to be partially furnished. The showing agent will point these items out to you. The island has a private resort that would welcome your membership! It includes tennis, pickleball, Bocci, and dining. A HUB in the community! Boutiques, restaurants, and fun water sport rentals are available at the south end of the island. Two bridges onto the island for your convenience and all major mainland shopping within five miles. Optimum location to reside on Manasota Key!
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:
$4,999,900
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,999,920 | $3,999,920 | $3,999,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 7.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.903% | 7.267% | 7.459% |
Monthly Tax Payment | $1,795 | $1,795 | $1,795 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $27,626 | $26,948 | $36,514 |
Total Monthly Payment | $29,546 | $28,868 | $38,434 |
* 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.