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Rare One-Acre Coastal Retreat on Manasota Key!
Experience the quintessential Florida lifestyle on this expansive one-acre estate, stretching from the Intracoastal Waterway to your own deeded beach easement. Come and make memories to share and last a lifetime. This home offers 3 bedrooms 2 baths, beautiful kitchen, 2 large pantries, office, three car garage, boat dock and large screened pool. The dock is ideal for fishing, kayaking, canoeing, launch your skiff, or jon-boat with kicker to use in deeper water. No motorized boats allowed or jet skis, water at times is too shallow. Much has been done in the community and waterfront living is not for the faint of heart, the risk/reward should be taken into consideration. . . just like anything else. The upside is potentially wonderful and life changing, give yourself the permission to slow down and enjoy the moment and journey. 7505 stands tall, she's ready for a new owner who comes to protect and be protected as the sun rises and sets over the Intracoastal Waterway and Gulf of Mexico. This Sarasota County bayfront property with deeded beach easement, has privacy, pool and is just waiting for your pizzazz.
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:
$1,850,000
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 | $1,480,000 | $1,480,000 | $1,480,000 |
| 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 | $1,458 | $1,458 | $1,458 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,637 | $8,873 | $12,389 |
| Total Monthly Payment | $10,220 | $10,456 | $13,972 |
* 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.