Perched on a point lot within the prestigious gates of Pointe Verde at Pelican Bay and framed by majestic palms, this entirely custom residence designed by Eric Brown features a grandeur aesthetic and remarkable architecture. Constructed in 2002 and meticulously maintained since, the home offers captivating lake and golf course vistas and encompasses 7, 785 sq. ft. of living space, boasting a total of five bedrooms, a handsome study outfitted in rich wood, five full and one-half bathrooms, and four garage bays. A double height, coffered ceiling and oversized picture windows that allow sunlight to pour in are commanding focal points of the formal living space as you enter the oversized solid wood front doors. The idyllic floor plan flows effortlessly from the formal living / dining spaces, and into the well-appointed kitchen which hosts top-tier appliances such as a plumbed Miele coffee maker, as well as a breakfast room and family room. Located down a hallway accented by groin vault ceiling details, the stately master suite offers stunning views of the exterior living environs, a sitting area, His & Her dressing rooms, as well as a lavish master bathroom with soaking tub, oversized-walk in shower, His & Her water closets, and travertine-topped dual vanities. Accessed via a quiet stairwell, three ensuites, as well as a sprawling loft living space, morning bar, and covered balcony, complete the second level. Beyond the ground level's French doors, a true tropical oasis awaits and features multiple congregating areas for entertaining and relaxation, an outdoor kitchen, as well as a dual-sided fireplace. Additional notable enhancements include impact windows and doors, HALO full-home water purification system, four hot water heaters, and five HVACs. Top-tier living is ensured 365 days a year in Pelican Bay with its range of exceptional amenities including private beaches and restaurants, tennis courts, state-of-the-art fitness and wellness center, as well as access to kayaking and canoeing through the numerous waterways - all the while located within close proximity to the world-class shopping/dining found in Waterside Shops and Mercato. This residence did not receive any water intrusion from any storm and is not located in flood zone.
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$8,950,000
William Raveis Real Estate
Phone: 888.699.8876
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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 | $7,160,000 | $7,160,000 | $7,160,000 |
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 | $3,262 | $3,262 | $3,262 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $45,846 | $46,440 | $62,864 |
Total Monthly Payment | $49,233 | $49,827 | $66,251 |
* 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.