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Rare waterfront opportunity on Roberts Bay! This unique 1. 6± acre property offers endless potential in one of Nokomis’ most desirable locations. Whether you envision a private waterfront estate or a prime development opportunity, this property delivers.
Currently improved with a spacious single-family home featuring an oversized pool and spa with both solar and electric heating, the residence is ready for personal updates, the hard part is already done. Breathtaking sunrises and sunsets are beautifully framed from nearly every angle of the property.
For developers and investors, the property is zoned RMF-3 and allows for up to 13 units an acre (buyer to verify), making it an exceptional waterfront redevelopment opportunity. No HOA and no deed restrictions provide added flexibility rarely found on the water.
Enjoy direct bayfront living with a newly constructed wood dock complete with boat lift, water, and electric, ideal for fishing, boating, and easy access to the Gulf of Mexico. Additional features include an oversized 2-car garage with built-in workshop, offering ample space for storage, hobbies, or equipment.
Ideally located near popular waterfront dining and walkable to nearby restaurants and local amenities, this property offers the perfect blend of convenience and coastal lifestyle. All of this in a serene setting just minutes to beaches, shopping, dining, and everyday amenities, a truly rare find in the heart of Nokomis.
Some photos in this listing have been virtually staged to illustrate the potential use and layout of the spaces.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,999,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,599,200 | $1,599,200 | $1,599,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $699 | $699 | $699 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $9,588 | $9,847 | $13,495 |
| Total Monthly Payment | $10,411 | $10,670 | $14,318 |
* 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.