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This is Waterfront living at it's finest. This home is situated on a lovely canal attached to Palma Sola Bay. From there the world. This is one of the best boating and fishing areas in the area. Outdoor living is at it's best in this home as there is a wonderful covered lanai complete with a beautiful pool, attached spa and huge pool deck. Want to go to the beach? In less that two miles you're there. The hard to find four bedroom home offers a split bedroom plan with an open dining and living room area. There is A large indoor laundry room and a huge pantry room. The ensuite form the main bedroom leads directly out to the pool area. The smart layout of the home features no wasted space, neutral colored tile and timeless cabinets. New roof and new plumbing are a nice bonus as well. Flamingo Cay is a boater's oasis. The deep water canal offers you every option in the type of boating you wish to enjoy and includes regular spotting of playful dolphin and manatee. The beautiful dock is equipped with a 25, 000 pound lift, fish cleaning table and a powerpole with a 30 amp plug and wash down. There is also a floating dock for kayaks or jet skis. From here you may kayak into the bay or Robinson preserve. The home is great for entertaining as it boasts a beautiful paved patio with a tiki bar and grill. The secluded pool, spa, outdoor refrigirator, ice maker and pass through kitchen window help make outdoor living a breeze.
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Our Executive Mortgage Banker:
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$1,370,250
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 | $1,096,200 | $1,096,200 | $1,096,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.014% | 7.082% |
Monthly Tax Payment | $782 | $782 | $782 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,385 | $7,201 | $9,777 |
Total Monthly Payment | $8,292 | $8,108 | $10,684 |
* 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.