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AN INCREDIBLY RARE, BEACH FRONT OPPORTUNITY on Manasota Key. One FULL ACRE OF BEACH FRONT PROPERTY containing a wonderfully
remodeled home as well as a SEPARATE RESIDENCE above the 2-car garage that’s perfect for a mother-in-law cottage, guest room for visitors or an AirBnB money maker. Dip your toes in the beach then rinse the sand off in your in-ground pool that sits next to one of the home's many covered porches and you can just soak up the southern charm. New floors throughout the downstairs, exude the sophistication and consistency of today’s decor. A NEW METAL ROOF emphasizes the clean lines and open spaces that define this home. The kitchen, complete with cavernous pantry, butts up to a well-sized wet bar perfect for entertaining at any time of day. The primary bedroom makes you feel as if the rhythms of the Gulf of Mexico are singing you to sleep. In fact, best-in-class views await you outside nearly every window. Stepping into your view is as simple as stepping into the Gulf of Mexico, which is right outside your door and this HOME HAS NEVER BEEN WET FROM A STORM. Step outside your front door and when you've finished admiring your view you can sink a few putts on your own private putting green or walk a few steps further to discover your deeded access to the bay side of the island. Bring your canoe, paddleboard, or kayak and let the adventures begin. The home is situated close enough to the bridge to the mainland to allow easy entrance and exit from the island. Yet 8400 Manasota Key still lies far enough south to make sure you enjoy the privacy and quiet the island is known for. All of these perks and pleasures come at a price unheard of for a property offering all of this and ONE FULL ACRE OF LAND. The future possibilities are endless.
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:
$2,450,000
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 | $1,960,000 | $1,960,000 | $1,960,000 |
| 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 | $939 | $939 | $939 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,283 | $11,751 | $16,408 |
| Total Monthly Payment | $12,346 | $12,814 | $17,471 |
* 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.