|
5506 Holmes Blvd presents a rare development-forward offering in the heart of Anna Maria Island / Holmes Beach.
Ideal for investors interested in a joint-venture build with the current Owner/Architect, or for an end-user seeking a prime coastal residence.
The owners, established architects, have completed due diligence and prepared concept designs for an estimated 3, 200+ SF single-family luxury home, maximizing coverage, design efficiency, amenities, and long-term value. With high demand for new-construction residences on Anna Maria Island, this property positions the ability to move forward quickly — whether building personally or partnering with the owner for a prime development.
Key Highlights
Asking Price: $1, 125, 000
Buildable 0. 3 acre corner lot with architectural concept prepared
Ownership open to Joint Venture partnership and seller financing options
Projected 3, 200± SF luxury single-family concept, with zoning permission to build up to 4, 500 SF+/-
Ideal for developers, investors, or end-users
Exceptional value in a market with accelerating home and land appreciation
Rare chance to build a thoughtfully planned coastal residence in one of Florida’s most desirable beach communities
Walking distance to the beach and many local shops and restaurants
Home located in Holmes Beach’s weekly rental zone
Design features a tropical modern aesthetic unique to the island, and the architect is looking forward to working with a partner to complete this vision.
This is an opportunity to create a custom luxury coastal asset — for personal use, vacation rental income, or long-term appreciation.
Serious inquiries and JV discussions welcomed.
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:
$1,125,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $900,000 | $900,000 | $900,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.440% | 6.259% | 5.972% |
| Monthly Tax Payment | $2,393 | $2,393 | $2,393 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,181 | $5,468 | $7,474 |
| Total Monthly Payment | $7,699 | $7,986 | $9,992 |
* 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.