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This prime 3. 3 +/- acre hard-corner retail development site is available in the award-winning, master-planned community of Lakewood Ranch.
Located east of Interstate 75, Lakewood Ranch spans the eastern side of Sarasota and Bradenton, Florida. It is one of the nation’s fastest-growing communities, with an annual growth rate of 7. 14%.
Positioned at the southwest corner of the intersection of 44th Avenue East and White Eagle Boulevard, this site offers exceptional visibility and access. Upon completion of the Cortez Road extension project, 44th Avenue is expected to become a major east-west corridor in Manatee County, connecting Lakewood Ranch to Anna Maria Island. White Eagle Boulevard, running parallel to Lakewood Ranch Boulevard, serves as a key connector between State Road 70 and State Road 64.
This rare commercial opportunity is situated in a high-density residential area, with limited remaining commercial parcels available. Nearby communities include Central Park by Neal Communities, Ryan Homes at Amber Creek, Esplanade Golf and Country Club, Indigo by Neal Communities, Ryan Homes at Avalon Woods, and Lennar at Aurora at Lakewood Ranch.
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:
$3,750,000
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 | $3,000,000 | $3,000,000 | $3,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.110% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $17,034 | $17,987 | $24,912 |
| Total Monthly Payment | $17,159 | $18,112 | $25,037 |
* 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.