Under Construction. Completion date November 2024. Experience unparalleled luxury and sophistication in this newly constructed masterpiece, crafted by the renowned Bay To Bay Group, a distinguished boutique builder in St. Petersburg. Nestled among other new homes in the coveted Northeast area of St. Pete, this 4-bedroom, 3. 5-bathroom home with a 3-car garage and private elevator offers the ultimate in contemporary living. Enjoy the convenience of nearby serene water vistas, lush parks, the Shore Acres Recreation Center, the new YMCA, and a scenic path to Downtown St. Petersburg. The first level, built with solid block construction, features a spacious garage accommodating three cars and a golf cart, along with ample storage. The home includes dual primary suites—one on each level—showcasing modern comfort and luxury. Step into the grand great room with a fireplace, opening onto a balcony, perfect for entertaining. The expansive kitchen, with its large island, is designed for hosting gatherings, featuring sleek cabinetry, luxurious quartz countertops, and top-of-the-line GE Cafe appliances. Every detail of this home reflects the meticulous craftsmanship of the Bay To Bay Group, with luxury plank vinyl flooring, contemporary porcelain tiles in the bathrooms, and a dedicated laundry room. The main living area boasts 10-foot ceilings, while the upper level features 9-foot ceilings and an 8-foot front entry door with impact glass and hurricane-resistant windows. Inside, 8-foot solid doors, modern trim, chic hardware, and sleek ceiling fans enhance the sense of contemporary elegance. Take your private elevator to the third level, where the primary bedroom awaits with a covered balcony ideal for enjoying your morning coffee. The en-suite bathroom is a spa-like retreat with a spacious shower and a standalone tub with exquisite finishes. Outdoors, a covered back balcony and a covered lanai offer serene relaxation spaces, while the expansive backyard, enclosed by a vinyl fence, provides privacy and lush landscaping, complemented by an automated sprinkler system.
This exceptional home not only showcases meticulous design but also champions energy efficiency with Icynene attic insulation, pre-installed low voltage wiring, efficient LED lighting, and a high-efficiency air conditioning system. Schedule a private viewing today to immerse yourself in the splendor of this idyllic property. With the opportunity for the buyer to select some finishing touches, this is a rare chance to secure your place in one of St. Pete's most esteemed waterfront communities.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,116,000 | $1,116,000 | $1,116,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $471 | $471 | $471 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,238 | $7,146 | $9,798 |
Total Monthly Payment | $7,834 | $7,742 | $10,394 |
* 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.