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Presented by
Ellen Blasi |
THE ISLAND PROPERTY MANASOTA KEY, Englewood, FL, 34223 | $1,100,000
Manasota Key TROPHY PROPERTY! This property spent the past year in a formal State conservation acquisition process. A 10-member state review panel evaluated the land, including its environmental significance, habitats, upland area, submerged lands, and overall character. The property received unanimous approval for State acquisition. The State department responsible for purchases (after approvals) had its funding reduced in a budget shift. The approval remains in place, but State funds are not currently available.
A reputable non-profit optioned the property as a potential interim buyer for the State. A strong appraised value established by a certified State appraiser created a holding risk for the non-profit without near-term State funding certainty. The result: a property unanimously approved by the State of Florida for conservation acquisition is now available to a private buyer, freed up solely by a reallocation of state funds, not any issue with the land. County build determination is confirmed in writing, subject to setbacks, with septic and cistern systems feasible for a single-family residence. Opportunity to build a private island residence designed for boating, fishing, waterfront living, or unmatched privacy. The property includes riparian rights and a deeded electric easement. This is a legacy opportunity. A location that family will remember fondly for a lifetime! Rare, exclusive, and impossible to duplicate. It’s a short cruise to the open waters of the Gulf, world-class fishing, nearby restaurants with dockage for dining and entertainment, and the four beaches of Manasota Key with turquoise waters, soft sand, and a laid-back coastal atmosphere. Reach out today for details.
Features
- Lot Size: 2080425 x 1
- Lot Desc: Other
- MLS#: C7506730
- Days on Market: 390 days
- Website: https://www.raveis.com
/prop/C7506730/theislandpropertymanasotakey_englewood_fl?source=qrflyer
William Raveis Family of Services
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.
Ellen BlasiSales Associate
Ellen.Blasi@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Matthew DeMariaVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 147983
845.290.3871
Matthew.DeMaria@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Gene RahillyInsurance Sales Director, William Raveis Insurance
917.494.9386
Gene.Rahilly@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
THE ISLAND PROPERTY MANASOTA KEY, Englewood, FL, 34223
$1,100,000
Ellen Blasi
Sales Associate
William Raveis Real Estate
Phone: 203.794.9494
Ellen.Blasi@raveis.com
Matthew DeMaria
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 845.290.3871
Matthew.DeMaria@raveis.com
NMLS Mortgage Loan Originator ID 147983
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $880,000 | $880,000 | $880,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.251% | 6.110% | 6.097% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,135 | $5,276 | $7,367 |
| Total Monthly Payment | $5,260 | $5,401 | $7,492 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388