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The Ultimate Boater's Foundation!
Rare Canal-Front Lot with Twin Lifts & New Seawall! This prime, cleared canal-front lot offers the most turn-key building opportunity on Longboat Key. While other buyers are stuck in the permitting phase for marine infrastructure, this one already has it complete and you can dock your fleet on day one.
Unmatched Infrastructure Value:
• Brand New Seawall: 100 feet of reinforced concrete seawall installed in 2022, providing maximum protection and a pristine aesthetic.
• Dual High-Capacity Lifts: Professionally installed in 2023, featuring a 13, 000 lb lift for your primary vessel and a 10, 000 lb lift for a secondary boat, skiff, or jet skis.
• Deep Water Access: Located on a wide, clean canal with direct access to Sarasota Bay and the Gulf of Mexico—perfect for serious anglers and weekend cruisers alike.
The Lifestyle:
Located in a quiet, "Old Florida" neighborhood on the north end of the island, you are just a minutes from deeded GULF beach access. After a day on the water, walk to the island’s best restaurants or enjoy the sunset from your private 100-foot waterfront.
Investment Specs:
• Price: $799, 000
• Lot Size: 0. 15 Acres (Cleared and Buildable)
• Utilities: Public water/sewer connected and ready for hookup.
Bonus: Deeded beach access included.
Why buy a tear-down when you can start fresh on a lot that already has $150k+ in modern marine upgrades? Bring your builder and your boats.
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:
$799,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $639,200 | $639,200 | $639,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.395% | 6.520% | 5.900% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,832 | $3,988 | $5,265 |
| Total Monthly Payment | $3,924 | $4,080 | $5,357 |
* 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.