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WATERFRONT – SIESTA KEY – BUILDABLE LOT *** Exceptional opportunity to secure nearly half an acre of PREMIER WATERFRONT property on highly sought-after Siesta Key in Sarasota. This oversized, cleared, and build-ready homesite is ideally positioned just three residences from Sarasota Bay, offering wide canal frontage with deep, sailboat-accessible water and no fixed bridges. *** Enjoy DIRECT BOATING ACCESS from your backyard with an existing boat lift already in place—perfect for boating, fishing, kayaking, and paddleboarding. Enjoy breathtaking sunset views shimmering across the water each evening, creating a stunning backdrop for your future coastal retreat. *** Conveniently located minutes from world-renowned Siesta Key Beach, local dining, boutique shopping, and convenient access to the South Bridge, this property offers both tranquility and accessibility. With NO HOA restrictions and ample space to design and build a CUSTOM LUXURY residence, vacation getaway, or investment property, the possibilities are endless. *** Privacy, generous lot size, and direct open-water access come together in a truly rare offering within one of Florida’s most sought-after waterfront communities. Build your dream island residence now and embrace the Siesta Key lifestyle or secure the property as a strategic long-term investment in a market defined by limited waterfront availability and enduring demand. Click on the virtual tour or web link for details.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,950,000
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 | $1,560,000 | $1,560,000 | $1,560,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.750% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.142% | 5.881% | 5.826% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,858 | $9,104 | $12,850 |
| Total Monthly Payment | $8,983 | $9,229 | $12,975 |
* 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.