Under Construction. One or more photo(s) has been virtually staged. Why settle for less? Rare opportunity to own a brand new warm, relaxed modern one-level Sara Bay Construction ultra luxury residence on a third of an acre, East of the Trail, in South Gate. Enter the main home through the courtyard and step into a functional and timeless floor plan with soaring ceilings and white oak wire-brushed wood floors. The primary and three additional en suite bedrooms, and four full bathrooms plus a powder room flank the main living area and kitchen. The kitchen features top-of-the-line floor-to-ceiling solid light wood dovetail soft-close cabinetry, 3-cm quartz backsplash and countertops with waterfall edge, Monogram appliances including 6-burner gas stove/panel refrigerator/panel dishwasher, range hood, a walk-in pantry with limitless storage, oversized island, and more. The living space feature wall offers a built-in fireplace and the texture gives depth and sophistication under the glow of recessed, linear LED lighting. The large primary suite has tranquil views of the pool on one side and private garden patio on the other, as well as a bedroom-sized walk-in closet. The primary bathroom has dual vanities, top-of-the-line cabinetry, spacious frameless walk-in shower, stand-alone soak tub, built-ins, and water closet. The guesthouse (ADU) offers an additional two bedrooms and bathroom with living area, full kitchen and laundry. All with oversized 2-car garage and circular drive, fully equipped outdoor kitchen, outdoor shower and heated saltwater pool with spa and sun shelf to take in the southwest exposure, for perfect indirect, natural light and surreal sunsets. If you get in early, you still have time to choose your interior finishes with generous allowances and make your new Florida home dream a reality. Quality construction includes - Hydrologic enhanced plumbing fixture package, custom cabinetry throughout, single panel/solid core/8-foot interior doors, level-5 finish drywall, high impact hurricane glass, Icynene insulation, three AC zones, hot water recirculation system, smart home features, epoxy finished garage floor, oversized laundry room with the top LG washer/dryer combo and much more. Ask for full detailed feature/options list - subject to change, with the ability to select early on. Jefferson Circle is one of the few streets East of Trail that does not cut straight through and is a low-traffic street. Easy walk to Arlington Park pool, tennis and basketball courts, playground and rec facilities. Highly sought-after area, Southside Elementary, minutes to Southside Village, SMH, Selby Gardens, the bayfront, downtown, Siesta and Lido beaches, St. Armands Circle and more.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,990,000
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 | $2,392,000 | $2,392,000 | $2,392,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $379 | $379 | $379 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $15,316 | $15,316 | $21,002 |
Total Monthly Payment | $15,820 | $15,820 | $21,506 |
* 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.