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Build Your Dream Home in Ellenton, right off the Manatee River – Prime ½ Acre Lot!
Opportunity is knocking at 360 S Orchid Drive! This unique diamond-shaped half-acre homesite has already been cleared and graded, saving you time and expense as you plan your next build. A previous home has been removed, utility lines have been capped, and fill dirt remains on site - giving you a valuable head start on construction.
Located just blocks from the public boat ramp, this property is a dream for boating enthusiasts. Even better? There’s NO HOA and NO CDD, so you can store your boat, trailer, RV, or toys right on your own property without restrictions.
With its generous size and versatile layout, this lot offers endless possibilities - whether you're envisioning a custom coastal retreat, modern farmhouse, or investment opportunity.
Need financing? Connect with our trusted local lender to learn how you may qualify for a one-time close construction loan, making the building process smooth and streamlined.
Lots like this - cleared, centrally located, and close to the water -are hard to find.
Go see it today and bring us your offer!
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:
$249,000
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 | $199,200 | $199,200 | $199,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.524% | 5.846% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,178 | $1,243 | $1,641 |
| Total Monthly Payment | $1,253 | $1,318 | $1,716 |
* 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.