Street address is for listing purposes only and will receive an actual street address once improved. Discover a rare and exciting opportunity to design and build your dream home on this stunning residential 1-acre parcel with direct access to the Myakka River. Tucked away in a serene and private location, this property offers a harmonious blend of natural beauty and convenience. Nestled just north of the picturesque Myakka State Park, the land is bordered by pristine Florida nature, providing an idyllic setting for your future home. The property is situated on a canal leading directly to the Myakka River, offering a unique lifestyle for nature lovers, boating enthusiasts, or those seeking a peaceful retreat. Despite its secluded feel, the parcel is conveniently located just east of the highly desirable Wellen Park community, ensuring access to shopping, dining, and other everyday amenities. Looking to the future, the planned extension of River Road will further enhance the location's accessibility, providing a direct connection to the newly built high school and the pristine sands of Manasota Key Beach. This property truly offers the perfect combination of tranquility, convenience, and potential. Zoned RE1, environmental survey, no wetlands. Lot dimensions are approximate and should be verified by buyer. Please see additional parcels that are available - MLS # A4637388, A4637412 and A4637413.
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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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $156,880 | $156,880 | $156,880 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $992 | $1,031 | $1,313 |
Total Monthly Payment | $1,067 | $1,106 | $1,388 |
* 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.