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Make your dreams of coastal living a reality with this exceptional 2. 3-acre Gulf-front lot on Manasota Key, offering 200 feet of private beachfront on the sparkling Gulf of Mexico. Priced at $4. 9 million, this rare property is situated in an exclusive enclave of luxury single-family homes, with no commercial properties or high-rises to disrupt its peaceful setting. Imagine building your dream home here, where you’ll be surrounded by tropical beauty and unspoiled nature, with miles of beach to explore and the opportunity to witness dolphins, manatees, nesting sea turtles, and abundant sea life right outside your door. The sand on Manasota Key is naturally soft underfoot and rich with unique shells and fossilized shark teeth, making beachcombing a true adventure. The waters showcase incredible shades of turquoise, perfect for swimming, fishing, kayaking, and boating, with excellent access to nearby intracoastal waterways and the Gulf for world-class boating and fishing. Manasota Key, a barrier island in Sarasota County, offers Old Florida charm with a peaceful two-lane road shaded by a canopy of trees, free from traffic lights and away from crowded tourist spots, creating a truly serene atmosphere. Located just 50 minutes south of Sarasota, 90 minutes from Tampa or Fort Myers airports, and 50 minutes from Punta Gorda Airport, this exceptional Gulf-front property delivers the best of Florida’s coastal lifestyle and will not last long — contact us today to make it yours.
Are you interested in Gulf to Bay Front property? Take a look at the lot across the street on a seperate listing D6142805. Have the best of both worlds with Beach and Boating!
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,900,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $3,920,000 | $3,920,000 | $3,920,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.353% | 6.121% | 6.038% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $22,566 | $23,502 | $32,815 |
| Total Monthly Payment | $22,691 | $23,627 | $32,940 |
* 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.