|
One or more photo(s) has been virtually staged. Under Construction. Welcome to 640 Lyons Lane — a rare opportunity to purchase a brand-new, fully constructed home on one of North Longboat Key’s most distinctive streets. With homes on only one side and protected wetlands on the other, this location offers unmatched privacy, tranquil views, and a true coastal retreat.
This listing includes a complete new-build home with construction, based on the current plans for a beautifully designed three-bedroom, three-and-a-half-bath residence. The floor plan features an open-concept layout, a spacious primary suite with peaceful canal views, seamless indoor–outdoor living, and an elevator for convenient access between levels.
Buyers still have the freedom to customize the home during construction — from interior finishes to structural changes. You may enhance the design by adding a second living level, expanding the footprint, or even starting fresh with an entirely new custom home design. The flexibility is yours.
A newly installed pool and private boat dock with a 10, 000 lb lift are already in place and fully incorporated into the final build. With direct access to Millar and Sarasota Bays and no fixed bridges to the Gulf, this home is ideal for anyone who loves life on the water.
Enjoy breathtaking water views from both the front and rear of the property, creating a serene backdrop throughout your living spaces.
Whether you envision a modern coastal escape, a refined full-time residence, or a bespoke luxury vacation rental retreat, 640 Lyons Lane offers the perfect canvas to bring your vision to life in one of Longboat Key’s most desirable neighborhoods — just moments from pristine beaches, golf, fine dining, and everything that defines elevated island living.
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:
$2,845,000
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 | $2,276,000 | $2,276,000 | $2,276,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 5.750% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.082% | 5.858% | 5.806% |
| Monthly Tax Payment | $1,181 | $1,181 | $1,181 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,745 | $13,282 | $18,748 |
| Total Monthly Payment | $14,051 | $14,588 | $20,054 |
* 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.