Under contract-accepting backup offers. Sophisticated and Elegant Penthouse Residence with Luxurious Renovations throughout! Resplendent in Design and Livability, now is your chance to be the new owner of the LARGEST PENTHOUSE in Bay Shores Yacht and Tennis Club & Priced to Sell at $999, 900! With over 1, 942 square feet of Living area, this is truly the epitome of waterfront living! Originally the Developer’s Private Residence, the care and extra attention is apparent from the minute you walk in! Magnificent, totally renovated top floor, PENTHOUSE LEVEL with Million $$ views of BOTH the GULF OF MEXICO and the INTRACOASTAL WATERWAY & being sold FULLY FURNISHED! Enjoy sunrises and sunsets on your 50-foot balcony with panoramic views of the waterway and the Gulf! This FABULOUS Beach residence can be a 4-bedroom unit or 3 bedrooms with a family room/den as it is now. There is a super spacious living / dining area combination off the entry, a welcoming family room off one side of the kitchen, a more formal dining area on the opposite side of the kitchen and a sun-filled covered balcony off all the living area - multiple living and dining areas! Parking is easy with your own assigned, under building parking space and plenty of guest spots. The renovated and efficiently designed Kitchen has two breakfast bar areas, raised panel sandstone wood cabinets with a chocolate glaze, quartz countertops, custom backsplash, stainless steel appliances, ample counter and storage space and is situated perfectly between the family room and the dining area – ideal for the cook that doesn’t want to be separated from family and friends! The Dining area is sun filled and perfectly situated for entertaining or casual daily dining and to take in the breathtaking water views down the Intracoastal Waterway! There is a spacious living and dining area off the entry and foyer that is IMMENSE, and you can step out through the Impact, hurricane rated sliding glass doors to a simply stunning balcony with panoramic views of the Beach, Intracoastal and the Seminole area! Enjoy the LONG-RANGE VIEWS down the Intracoastal watching the boats, fish & seabirds that make Florida so stunning! Each of the three (3) bedrooms are generous in size with the Primary bedroom featuring a large walk-in closet, separate dressing area and a sumptuous bathroom. The second bedroom has a wonderful waterfront view, and the third bedroom faces south toward the Gulf. The unit features a large, welcoming foyer and a HUGE storage closet (the owner calls it the “inside garage”) with a second fridge, freezer and ice maker! Bay Shores Yacht and Tennis Club is a desirable RESORT-STYLE COMPLEX with a “soon to be completed”, NEW waterfront, heated In-ground Pool and Spa sitting on a wonderfully designed paver sundeck, Community, first come-first serve boat slips, rooftop sundeck and patio, gas grills, putting green, designated areas for bicycles, kayak and paddleboard storage, a NEW Fitness Center, fishing pier, sauna, shuffleboard courts, and a large hospitality room! Additionally, there are two full-time, newly refinished tennis-only courts and two full-time pickleball-only courts and a third court that can be either! Jump on the Beach “Jolley” Trolley that stops in front of the community for easy access to anywhere along the beach! With the Beach and the Gulf of Mexico DIRECTLY ACROSS THE STREET with a pedestrian crosswalk and two beach access points and a 7-DAY RENTAL MINIMUM ALLOWED, this opportunity is hard to beat!
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$999,900
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 | $799,920 | $799,920 | $799,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.254% | 6.636% | 6.559% |
Monthly Tax Payment | $1,026 | $1,026 | $1,026 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,990 | $5,056 | $6,913 |
Total Monthly Payment | $6,108 | $6,174 | $8,031 |
* 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.