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A Once in a Lifetime Waterfront Opportunity Near the Boca Grande Causeway, Offering 4. 37± Acres with 2. 49± Acres of Uplands and 1. 88± Acres of Submerged Land. Offering direct access to local sandbars, Charlotte Harbor’s world class tarpon fishing, and open Gulf waters, this setting creates the perfect backdrop to create a one of a kind retreat. The existing home reflects a piece of Florida’s past and has experienced significant storm damage, presenting an opportunity for a restoration or complete redevelopment. Hardwood flooring, French doors, and built-in cabinetry offer glimpses of its original character. Mature trees frame the property, creating a sense of privacy and a connection to its history. While the structure remains, the true value lies in the land, the expansive water views, and the rare setting that is increasingly difficult to find. The submerged land ownership is a valuable advantage, potentially streamlining the process for future dock construction or other waterfront improvements. Panoramic water views stretch across the bay toward Boca Grande, creating a setting that is truly unmatched. The 2025 concrete seawall provides a strong foundation for a future dock and boat lift, where you can be on the water within minutes, enjoy sunset cruises from your backyard, or spend the day exploring the surrounding islands. Dolphin, osprey, and manatee are frequent visitors, adding to the natural beauty that surrounds you. Beyond the property, the location places you at the center of a lifestyle rich in history and charm. Just across the bridge, Boca Grande is known for its quiet elegance, uncrowded beaches, and the legendary Gasparilla Inn and Club, a landmark destination that has welcomed generations with fine dining and championship golf. The nearby Boca Grande Marina provides full service amenities for boaters, while Coral Creek Club and Lemon Bay Golf Club offer exceptional golf experiences set within beautifully preserved natural surroundings. For those traveling by air, Coral Creek Airport is just minutes away, offering convenient private plane access. In nearby Englewood, you will find a variety of activities including golf, pickleball, waterfront dining, and tiki bars, along with convenient access to shopping and medical facilities for comfortable, everyday living. With 4. 37± acres, the property offers exceptional flexibility whether you envision renovating what is here, creating a brand new private estate with a pool and guest home, or exploring potential subdivision opportunities. Positioned at the gateway to Boca Grande, 12500 Placida Road is a rare opportunity to own a property that reflects a bygone era and shape it into something truly special.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,900,000
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 | $3,120,000 | $3,120,000 | $3,120,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.132% | 6.259% | 6.183% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $18,456 | $18,957 | $26,328 |
| Total Monthly Payment | $18,581 | $19,082 | $26,453 |
* 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.