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HUGE PRICE IMPROVEMENT!!! MOTIVATED SELLER, RARE OPPORTUNITY TO OWN ONE OF SANIBEL’S MOST DESIRABLE DEEP-WATER BOATING PROPERTIES! This private waterfront retreat features an INCREDIBLE 80–120 FT WIDE CANAL with OVER 10 FEET OF WATER DEPTH and TRUE DIRECT GULF ACCESS — NO BRIDGES, NO HEIGHT RESTRICTIONS, NO WAITING TO GET OUT ON THE WATER!
Whether you’re running a large center console, sportfish, offshore boat, sailboat, or luxury yacht, this property is built for serious boaters who understand how hard it is to find DEEP, WIDE WATER on Sanibel.
The BRAND NEW 2025 PRIVATE DOCK and 10, 000 LB LIFT with NEW LIFT MOTOR also 2025, make this property THE ONE for your boating lifestyle. Dock your boat just steps from your back door and be in the Gulf within minutes.
NO HOA. NO RANDOM FEES. Just private waterfront living with your own pool, hot tub, and tropical island setting.
Properties with this kind of canal depth, width, and direct Gulf access are EXTREMELY LIMITED on the island — especially at this price point. Recently renovated after Ian, this property offers the rare combination of updated construction and elite boating access.
Perfect for boaters, fishermen, island lovers, investors, or anyone searching for the ultimate Southwest Florida waterfront lifestyle.
If you’ve been waiting for a TRUE DEEP-WATER SANIBEL PROPERTY… this is the one. Welcome to this beautiful family home or investment property, this 2 story, 4 bed/4 bath, office and a sun room with a bar. . . known as Manatee Cove for being a seacow hotspot, BRING YOUR OFFER, Seller is extremely motivated and ready to focus on his new home.
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:
$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
| 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 | 6.350% | 6.361% | 6.223% |
| Monthly Tax Payment | $1,623 | $1,623 | $1,623 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,996 | $6,157 | $8,439 |
| Total Monthly Payment | $7,744 | $7,905 | $10,187 |
* 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.