Welcome to an exquisite entertainer's paradise nestled on the pristine island of Tierra Verde. This luxurious Key West-style estate seamlessly blends a refined modern interior with an elegant exterior, epitomizing sophistication and comfort. Experience the pinnacle of luxury with over $700, 000 invested in a floor-to-ceiling renovation. This magnificent home features energy-efficient solar panels reducing the electric bill, and a Generac generator ensuring uninterrupted power. The residence boasts new windows, sliding glass doors, and French doors, enveloping the interior in natural light. The gourmet kitchen is a culinary masterpiece, outfitted with top-of-the-line WOLF and SUB-ZERO stainless steel appliances, an expansive island adorned with waterfall quartz countertops, ample cabinetry, and custom lighting. The ultra-open concept floor plan centers around this spectacular kitchen, flowing effortlessly into the living and dining areas, highlighted by contemporary lighting.
Adjacent to the kitchen, the cozy sitting area features a flush wall decorative fireplace with color-changing lighting. A well-appointed butler’s pantry, complete with an ice maker, wine refrigerator, sink, and display cabinets, enhances your entertaining experience. French doors from both the sitting area and butler’s pantry lead to a covered balcony, perfect for alfresco dining. The primary suite is a private sanctuary, occupying the entire left side of the upper level. It opens onto a 37-foot-long covered balcony, complemented by a separate round balcony ideal for sunbathing. The state-of-the-art primary bathroom is a haven of relaxation, featuring an expansive round spa tub with massage jets and a waterfall feature, a large walk-in shower, a private water closet with a high-end toilet, and dual vanities with quartz counters and touch-activated mirrors. A spacious 13’ x 9’ walk-in closet with a dressing vanity completes this serene retreat. The upper level also includes two additional spacious bedrooms with barn door-accented closets and a fully renovated second bathroom with new tile, a beautiful vanity, and illuminated mirrors. A convenient interior laundry room offers abundant cabinetry, a full-size washer and dryer, and a laundry tub. For entertaining on a grand scale, descend via the Pneumatic Vacuum Elevator or staircase to the lower level. Here, a vast family room with versatile lighting and circle fans awaits, perfect for creating multiple sitting areas or a club-like game room. Enjoy ping pong, pool, or simply cheering on competitors in this cool space, thanks to the new mini-split AC system. Lower level also includes a sprawling 36-foot bonus room with its own AC system. Step outside to find two covered seating areas, a newly expanded pool featuring a 10-person spa, and a full grotto w/waterfall. Nighttime illumination transforms the space with color-changing fountains, creating a magical atmosphere. The front entry boasts a large balcony, perfect for greeting neighbors. Side-entry garage accommodates two cars and provides ample space for a workshop. The privacy-fenced yard is adorned with lush tropical landscaping, completing this extraordinary home. Island offers a wealth of culinary delights & recreational pursuits, including pristine beaches at Fort DeSoto Park & St. Pete Beach, renowned dining. Downtown St. Petersburg just 15 minutes away, offers waterfront strolls, fine dining, cultural experiences, and sports. Island is laid-back yet vibrant.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,750,000
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 | $1,400,000 | $1,400,000 | $1,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
Monthly Tax Payment | $1,544 | $1,544 | $1,544 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,849 | $8,964 | $12,196 |
Total Monthly Payment | $10,518 | $10,633 | $13,865 |
* 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.