Under contract-accepting backup offers. Under Construction. Completed by end of the year! Discover unparalleled luxury and timeless charm in this brand new modern farmhouse with a detached ADU! Crafted with meticulous attention to detail, this home built by Bay to Bay Group is sure to impress. Adorned with 10 foot ceilings on both levels and bathed in natural light through expansive impact windows, the residence epitomizes sophisticated living. The great room welcomes with an electric fireplace, setting a cozy ambiance, while the gourmet kitchen stands as a culinary haven with GE Café appliances, a 36" induction Thor range, 42" solid wood custom cabinetry, and level 3 quartz countertops. Retreat to the primary suite, where a spa-like ensuite bathroom beckons with dual vanities, a soaking tub, and a walk-in shower. Designed for both comfort and versatility, the main residence spans 2, 732 SF and boasts 4 bedrooms, including 2 primary suites (one on each level), a downstairs den, and a spacious loft upstairs. A detached guesthouse (ADU) of 504 SF sits above a two-car garage, offering complete privacy with its own kitchen, living area, bedroom, bathroom, and laundry closet. Outside, enjoy expansive outdoor living spaces including the covered front and back porch, ideal for alfresco dining and entertaining. Additional features include: icynene spray foam insulation ensuring energy efficiency, engineered hardwood flooring throughout, modern ceiling fans, 8 foot solid wood doors, a low voltage internet pre-wire, automated irrigation system, vinyl fence, and a 5-inch gutter system. Located 9 minutes to downtown St. Pete, and 20 minutes to pristine beaches, making this luxury estate a rare opportunity for those seeking both serenity and convenience. NO flood insurance required! Option to add a pool for an additional cost!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,395,000
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 | $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 | $345 | $345 | $345 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,238 | $7,146 | $9,798 |
Total Monthly Payment | $7,708 | $7,616 | $10,268 |
* 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.