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A rare opportunity to own one of Terra Ceia Island's most unique waterfront estates. This beautifully updated 3-bedroom, 2-bath residence is being offered as part of an exceptional two-home estate and must be purchased together with the adjoining bayfront residence (MLS #A4697047). Tucked privately on approximately one lush acre with a pond, this home offers the perfect setting for extended family, guests, a caretaker, or a private retreat.
An extraordinary feature of this estate is that it consists of two separate Manatee County parcel IDs, providing a future owner the flexibility to maintain the estate as one remarkable property or explore selling the homes separately if desired.
Inside, you'll find a light-filled 12x35 great room with vaulted ceilings, luxury vinyl plank flooring throughout, granite countertops, and a relaxed Old Florida style that blends comfort with modern updates. Covered front and rear porches invite outdoor living, while the expansive grounds are surrounded by mature palms and tropical landscaping with ample room for a pool, RV parking, boat storage, and detached storage building.
With no deed restrictions, you'll enjoy the freedom that's becoming increasingly difficult to find. Optional Terra Ceia Village Improvement Association membership (approximately $250 annually) provides access to the community waterfront park and boat ramp.
Whether used as an in-law residence, guest home, income-producing rental, or private family compound, this home adds tremendous versatility to an already exceptional estate. Conveniently located with easy access to St. Petersburg, Tampa, Sarasota, and the Gulf beaches, yet surrounded by the peaceful charm of historic Terra Ceia Island.
An added bonus: neither residence sustained damage during the 2024 hurricanes, offering peace of mind in one of Florida's most treasured island communities.
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:
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,575,000
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 | $2,060,000 | $2,060,000 | $2,060,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | $351 | $351 | $351 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,022 | $12,351 | $17,383 |
| Total Monthly Payment | $12,497 | $12,826 | $17,858 |
* 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.