MANASOTA KEY DIRECT BAYFRONT w/ SAILBOAT WATER and DEEDED PARCEL TO BEACH. This STUNNING COASTAL RETREAT has rare TWO-FAMILY ZONING USE and offers 4 BED + loft / 4. 5 BATHS and spans 4, 071 sq/ft living area and was created for those who really love the Florida lifestyle and desire the flexibility of several different possible uses. Both levels have PANORAMIC INTRACOASTAL VIEWS from almost every room. This home is the perfect MULTI GENERATIONAL HOME as the upstairs has 2 BED / 2. 5 BATHS with FULL KITCHEN, washer/dryer, and SEPARATE ENTRANCE. DOWNSTAIRS has 2 BED / 2 BATHS along with another FULL KITCHEN, washer/dryer, and SEPARATE ENTRANCE. Want to GENERATE FANTASTIC INCOME? Rent ONE or BOTH spaces and offset the cost of ownership. * NEW METAL ROOF 2020 * 2 NEW AC UNITS (2024) * NEW TREX DECKING THROUGHOUT * PRIVATE DOCK featuring 10, 000 lb. boat lift (NEW 2022). The main-level kitchen is outfitted with CUSTOM cabinetry, top-of-the-line appliances, and striking granite countertops, while the lower-level kitchen boasts luxurious quartz surfaces. Impressive, vaulted ceilings with wood beam accents, a showstopping fireplace, and designer lighting elevate the home's unique character and charm. Recently installed IMPACT WINDOWS AND SLIDERS provide peace of mind and storm protection. The interior is graced with high-end porcelain tile on the main floor and equally elegant tile throughout the lower level. Spa-like bathrooms feature upgraded fixtures and beautifully tiled showers. The main-level primary suite offers a luxurious retreat with a jetted jacuzzi tub for two, a walk-in shower, and serene water views. Enjoy spacious living areas on both levels, each offering stunning views from every window and sliding glass door. Outdoor living is nothing short of spectacular—with FULL-LENGTH TREX DECKS, a paver patio with a cozy firepit, bocce ball court, designated kayak storage, grilling area, and a RESORT-STYLE GUNITE SALTWATER POOL with sun shelf and adjacent tiki bar room— the perfect place to entertain. Additional highlights include a two-car garage, generous storage, and ample guest parking. Located directly on Lemon Bay with easy access to the Gulf of Mexico, this property offers the best of both worlds—tranquil sunrises and show stopping sunsets, along with PRIVATE, DEEDED BEACH ACCESS just steps away! Watch dolphins play, spot gentle manatees, and enjoy seamless access to the mainland. Close to shopping, the Historic Island of Venice, Downtown Wellen Park, and so much more. THIS HOME IS AN ABSOLUTE MUST SEE!
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$3,100,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,480,000 | $2,480,000 | $2,480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.811% | 6.613% | 6.455% |
Monthly Tax Payment | $1,012 | $1,012 | $1,012 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,869 | $15,675 | $21,264 |
Total Monthly Payment | $16,006 | $16,812 | $22,401 |
* 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.