120 Bayshore DRIVE, Terra Ceia, FL, 34250 | $2,750,000

Pre-Construction. To be built. Pre-Construction. To be built. WATERFRONT GEM! A rare opportunity for an even rarer property! Tucked away in a sparsely occupied neighborhood on the back side of Terra Ceia Bay, you will find this amazing 2. 8 acre Oasis with over 314+ feet of waterfront. Water depth of 15 feet at the center of the Bay with 4 feet at the termination of proposed dock and only one bridge to the open water of Egmont Key or Anna Maria Island. Amazing fishing out your front door. Enjoy beautiful waterfront views, spectacular sunsets, peace and serenity of Old Florida, with easy access to the interstate 20 minutes to St. Pete, 10 minutes to Bradenton and 20 minutes to Sarasota; all just a short drive away! Renderings depict the 5100 heated sq ft 8, 100 total sq ft 5 bed 5 Bath preconstruction pool home. The foundation and first floor have already been poured. Current owner has fenced the property with old growth Oak on boundary to provide shade, and loaded it with Zoysia Grass, Palm and Fruit trees. Driveway is ready with utilities in. This piece of Florida is priced to sell! Estimated completion date of Dec 2024 still time to make changes to current finishes. Bring all offers!

Features

  • Rooms: 8
  • Bedrooms: 5
  • Baths: 5 full
  • Lot Size: 896 x 536 x 249 x 104 x 216 x
  • Laundry: Inside, Laundry Room
  • Style: Florida, Key West, Mediterranean
  • Year Built: 2023
  • Garage: 8-car Driveway, Garage Door Opener, Ground Level, Off Street
  • Heating: Electric, Propane
  • Cooling: Central Air, Mini-Split Unit(s)
  • Approx Sq. Feet: 5,400
  • Acreage: 2.8
  • Lot Size: 896 x 536 x 249 x 104 x 216 x
  • Est. Taxes: $2,782
  • Lot Desc: Cleared, FloodZone, Landscaped, Level, Near Golf Course, Near Marina, Oversized Lot, Private, Unincorporated
  • View: Trees/Woods, Water
  • Appliances: Dishwasher, Disposal, Dryer, Freezer, Gas Water Heater, Ice Maker, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Water Filtration System
  • MLS#: U8226480
  • Days on Market: 74 days
  • Website: https://www.raveis.com
    /eprop/U8226480/120bayshoredrive_terraceia_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/17/2024 8:47:08 PM)
Listing courtesy of KELLER WILLIAMS SOUTH TAMPA   Phone: 813-875-3700

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NMLS Mortgage Loan Originator ID 16953

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120 Bayshore DRIVE, Terra Ceia, FL, 34250

$2,750,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $2,200,000 $2,200,000 $2,200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 6.989% 6.936%
Monthly Tax Payment $232 $232 $232
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $14,822 $14,452 $19,468
Total Monthly Payment $15,179 $14,809 $19,825

* 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.