Amelia Island oceanfront jewel, built in 2023 commercial grade construction, a true modern masterpiece. Design and architecture by John Cotner, property brings together California modern luxury and east coast elegance. Located on nearly an acre of beachfront land, on signature Amelia Island rolling beachfront dunes, this fully gated, 6 bedroom, 8 bathroom, custom compound has 85' of frontage and is approx. 630' deep, offering an unparalleled lifestyle on the NE Florida coast. Structure of the home is built of commercial grade concrete block and steel; all interior walls are fortified by 5/8 sheetrock, as well as soft-to the-touch hand troweled Venetian Plaster interior walls throughout the home, creating a seamless blend of rugged sophistication, light, and coastal ease. Raised + heated custom pool and spa, showcases extraordinary white water and ocean views. Al fresco and ocean views, dining areas on each level, and 14-foot ceilings main level, provide an open and airy indoor | outdoor and backyard area for entertaining and play. Chef's kitchen, w/ all Miele appliances, quartz countertops, built-in Miele espresso maker, and custom limestone kitchen backsplash. Multi-zoned central heating and air, multi-camera high-end security system, and built-in electric shades throughout, for added privacy, security and convenience. The primary suite is thoughtfully designed, complete w/ oversized dual bathroom sinks and closets, and private laundry, washer and dryer in the primary suite. Also private 2+2 ensuite guest home, w/ ocean views and access to the pool and approx. 330+ foot private, custom Kebony boardwalk. Best views on all of S. Fletcher Ave. , building height is approx 55' from grade, breathtaking third level lounging and panoramic observation deck.
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Our Executive Mortgage Banker:
Our Insurance Division:
$12,995,000
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 | $10,396,000 | $10,396,000 | $10,396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.636% | 6.684% |
Monthly Tax Payment | $1,890 | $1,890 | $1,890 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $66,567 | $65,710 | $90,560 |
Total Monthly Payment | $68,582 | $67,725 | $92,575 |
* 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.