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Opportunities like this are becoming increasingly scarce. Set in a peaceful residential location in South Manatee County, this approximately two-acre vacant parcel offers the space, setting and versatility today's buyers are searching for, paired with the natural beauty of serene pond views that elevate the land beyond the ordinary. This is a property that invites imagination. Picture a custom-designed estate with sweeping outdoor living spaces, a private family compound or a thoughtfully planned residential project all surrounded by open skies, mature natural surroundings and calming presence of water just beyond your doorstep. The generous acreage allows for privacy, flexibility and creative freedom rarely found so close to Sarasota's urban conveniences. Based on the county zoning code, this property has the potential to be rezoned to build up to eight single-family residences with easy access to nearby utilities. Currently, the property has an amazing variety of mature trees and plants, an irrigation well, a small storage building and a tennis court. The property being sold is private, fully fenced and gated on a cul-de-sac and is approximately 311 by 257 feet with an access road estimated at 152 by 30 feet. While the setting feels secluded and tranquil, the location remains exceptionally connected. Shopping, dining, schools, parks and business hubs are all a few minutes away, and Sarasota's award-winning beaches, vibrant arts and cultural scene, and recreational attractions are just a short drive away. Whether you are an investor, builder or future homeowner, this property represents a compelling blend of natural beauty, strategic location and long-term potential. In a market where quality land is increasingly hard to secure, this property stands as a distinctive opportunity to create something special. Buyer to verify all zoning, land use and development potential with Manatee County.
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William Raveis Mortgage, LLC
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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 | $920,000 | $920,000 | $920,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.086% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,224 | $5,516 | $7,640 |
| Total Monthly Payment | $5,349 | $5,641 | $7,765 |
* 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.