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Welcome to one of the most unique waterfront properties in Charlotte County! Located directly on the gulf access Apollo waterway, this 2. 67-acre property offers direct access to the Myakka River with no bridges with only a short 5–10-minute boat ride. The property gives you an opportunity to live on your own private island being the parcel is surrounded by water on 3 sides. A tidal creek flows behind the parcel on the opposite side of Appollo waterway, and the creeks inlet flows just to the North side of the parcel connecting the Apollo to the creek, (see attached aerial maps). Your driveway from Casper Street will be your very own bridge over the creek providing not only privacy and extra security, but a uniqueness that rivals any property in the area. The parcel itself is 16 feet above sea level at its highest point providing sufficient elevation to build a home above any potential flood risk and eliminates the need to bring in any additional expensive fill dirt that is required on any new build. There are 3 other adjacent parcels also available, which equal to 5. 1 acres, (not including the creek and some wetlands), which if purchased together, give a discerning buyer an opportunity to own their own private waterfront direct gulf access compound with an island parcel for the main house directly on the Apollo. Looking for a true unicorn to construct your dream home? This is the one.
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,000
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 | $319,200 | $319,200 | $319,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,838 | $2,044 | $2,651 |
| Total Monthly Payment | $1,913 | $2,119 | $2,726 |
* 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.