Experience island living at its finest with this beautifully updated waterfront home. Situated on the Intracoastal Waterway, this 5-bedroom, 3-bathroom home boasts a 2-car garage and offers breathtaking, free sunsets every evening. Just a quick bike ride away from the pristine sands of I Rocks Beach and the shops and restaurants on Gulf Blvd, this property combines convenience with serene coastal charm.
Recent updates include a new roof with hurricane clips, fresh ceilings with modern ceiling fans, a new A/C system and ductwork for the second floor, remodeled bathrooms on the lower level, and a newly built backyard deck. The home’s upper level features two expansive bedrooms, each approximately 15x18 sq. ft. Both rooms include wet bars/kitchenettes, and one is complete with an ensuite bathroom and a walk-in closet.
Additional highlights include a spacious laundry room with a Maytag washer and dryer and dock davits with newly replaced motors (2022) for securing your watercraft. The west-facing windows are fitted with rollaway hurricane shutters, offering extra protection during storms.
Perched on the highest part of the street, this home has never experienced flooding, ensuring peace of mind year-round.
Don’t miss this opportunity to embrace island living and enjoy uninterrupted views of the Intracoastal Waterway and daily sunsets.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
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 | $1,200,000 | $1,200,000 | $1,200,000 |
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 | $1,729 | $1,729 | $1,729 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,783 | $7,684 | $10,536 |
Total Monthly Payment | $9,637 | $9,538 | $12,390 |
* 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.