HIGH AND DRY DURING HURRICANE HELENE AND MILTON! Enjoy peace of mind with a FULL-HOUSE GENERATOR capable of powering both the residence and the dock. Newly completed in 2023, this luxury residence is a beacon of coastal living and architectural excellence, setting a new benchmark in comfort and luxury. Boasting 200 feet of waterfront with unparalleled access to the Gulf of Mexico and open waters, it is the ideal haven for boating enthusiasts. Designed by the acclaimed Sire Design team, known for their work on Netflix's 'Designing Miami' and HGTV’s new series, ‘Divided by Design, ’ the home seamlessly blends indoor and outdoor living. Spanning 5, 251 square feet of air-conditioned living space, the residence features a grand 24-foot foyer with a pivot door, five bedrooms, six full and one half baths, a loft, an elevator, and two air-conditioned 2-car garages, all supported by a full-house generator. Advanced smart home functionality seamlessly integrates audio-visual, lighting, and window treatments, ensuring a modern and comfortable living experience. Inside, high-end finishes such as Avocatus quartzite, Van Gogh onyx, French oak floors, walnut accents, CLE tile, Atelier de Troupe lighting, and Waterworks fixtures enhance the inviting living spaces. The outdoor area is a masterpiece, featuring a stunning negative edge spillover heated pool with a spa and an outdoor lounge, perfect for relaxing and entertaining. The property also includes artificial turf, offering easy maintenance and ideal for a pristine outdoor setting. Boating facilities include a boat dock completed in 2022, featuring lifts for two JetSkis and a 40, 000-pound lift for a 52-foot boat, ensuring effortless access to the water. The dock is designed for unobstructed views from the house. Additionally, the property boasts a seawall constructed in 2020, further enhancing its appeal. Situated at a desirable elevation, the residence offers breathtaking waterfront views, creating a serene atmosphere both inside and out. Designed for the discerning boater and those who value impeccable craftsmanship, this residence offers an unparalleled sanctuary for those who appreciate the finer things in life, both on and off the water.
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,900,000
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 | $6,320,000 | $6,320,000 | $6,320,000 |
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 | $2,288 | $2,288 | $2,288 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $39,947 | $40,468 | $55,054 |
Total Monthly Payment | $42,360 | $42,881 | $57,467 |
* 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.