Rarely available completed NEW construction MODERN BAYFRONT home in sought after Beach Park. This superior Bayfront location offers sweeping water views and quality custom construction, refined finishes and state-of-the-art design. Completed in 2023 by Modesta Homes, enjoy the best of waterfront living with a dramatic floating staircase, lass elevator, expansive water views, 6 bedrooms, 5. 5 baths, 8, 766 sq. ft. of living area, along with a new dock and seawall. Constructed with concrete block, impact windows/doors, and elevated living for flood risk reduction and optimal insurance premiums. Exceptional living spaces include a generous office, formal dining room, movie theater, waterfront Flex Room, lounge, entertaining bar, loft/gallery, along with a climate-controlled wine cellar. Created with spectacular entertaining in mind and offering full retracting glass doors to the waterfront terrace, a striking 360-degree fireplace centerpiece, sleek European-influenced chef’s kitchen with Wolf and Sub-Zero gas appliances, additional prep kitchen and generous island. Thoughtful design greets you in the primary suite with a modern aesthetic, terrace and water views, spa-inspired bath, deep soaking tub, custom floating vanity and closet beyond compare. Outdoors, enjoy a custom waterfront pool with fire fountains, floating spa, outdoor kitchen, along with dual sun decks, dock and dual lifts (16K and 6K). Additional features in the energy-efficient construction include dual laundry rooms, 2-row home theater with 150” 4k Ultra HD screen, multiple waterfront terraces, 10-car garage and EV charging, Smart Home Systems, modern aluminum and glass impact garage doors, Low-E insulated/impact windows/doors, RHEEM Tankless water heater, Pentair automated pool control, imported tile and custom lighting, and tropical landscape/turf. Located in a top-rated school district and convenient to Westshore and International Mall, Tampa International Airport, shopping, dining, sports venues and entertainment. Available furnished at additional cost.
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Our Executive Mortgage Banker:
Our Insurance Division:
$10,900,000
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 | $8,720,000 | $8,720,000 | $8,720,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 7.002% | 6.915% |
Monthly Tax Payment | $2,140 | $2,140 | $2,140 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $58,748 | $57,284 | $77,164 |
Total Monthly Payment | $61,013 | $59,549 | $79,429 |
* 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.