This 3 story Barefoot Beach home was constructed across two large Barefoot Beach lots and offers a wide horizontal main floor living with one level with 2 guest suites and private living level upstairs. Features include large 2 story great room overlooking the 2. 2 acre Beach Garden, swimming pool and the Gulf of Mexico, direct west exposure for great sunsets, dining room on the Gulf view with butlers bar, kitchen with white cabinets, pantry and large eat in, master suite is also on the Gulf and all of the rooms open to an oversized covered screened lanai with a panoramic Gulf view. Main floor also has an office or 4th bedroom, laundry, powder bath and private elevator to all three floors. Ground level features three car garages, a very large unfinished area, and an oversized covered lanai. The well built home offers concrete construction on concrete pilings, impact windows and doors, hurricane rate garage doors and a flat tile roof. Barefoot Beach homes amenities include beach garden pool, private beach, tennis and pickleball courts, fitness and clubhouse. Option to purchase boat dock across the street and optional beach club - (currently an approximate two year wait).
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Our Executive Mortgage Banker:
Our Insurance Division:
$10,500,000
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 | $8,400,000 | $8,400,000 | $8,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $1,426 | $1,426 | $1,426 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $53,786 | $54,482 | $73,751 |
Total Monthly Payment | $55,337 | $56,033 | $75,302 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.