361 Bocila dr, Other, NY, 33946 | $399,000

Rare opportunity to acquire a prime waterfront canal lot on exclusive Palm Island, offered with custom architectural plans and permit-ready package for the signature Angra Beach House luxury residence.

This 7, 500 sq ft (0. 17 acre) homesite features approximately 50 feet of water frontage with direct boating access to the Intracoastal Waterway and Gulf of Mexico. Located within Palm Island Estates, a private barrier-island community accessible only by ferry or private boat, the property offers exceptional privacy, coastal lifestyle, and strong vacation-rental potential.

The sale includes a complete ready-to-build architectural design tailored for elevated coastal construction, maximizing water views, indoor-outdoor living, and resort-style amenities including pool and outdoor living areas. Substantial development work has already been completed, providing significant time and cost savings to the purchaser.

Palm Island is known for secluded beaches, boating lifestyle, and distinctive waterfront residences along Florida’s Gulf Coast. Ideal for builders, investors, or end users seeking to create a signature island home in a unique coastal setting.

Features

  • Zoning: rsf5
  • Frontage: 50
  • Water Front: Yes
  • MLS#: A11967879
  • Days on Market: 78 days
  • Website: https://www.raveis.com
    /prop/A11967879/361bociladr_other_ny?source=qrflyer
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Listing courtesy of Casa Florida Group   Phone: 305-490-6938

William Raveis Family of Services

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888.699.8876

Contact@raveis.com

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
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361 Bocila dr, Other, NY, 33946

$399,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $319,200 $319,200 $319,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,965 $2,015 $2,651
Total Monthly Payment $2,040 $2,090 $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.