Access this true top-floor penthouse from the private enclosed foyer shared with only one other. The open floor plan offers enticing long water views down Wiggins Pass with panoramic Gulf views from an expansive lanai. A Sand Dollar Award winner for a 2015 design/renovation, it spans nearly 6, 500 square feet under air and lives like a spacious home with the lock-and-leave ease of a condominium. Features include iPad-controlled home automation, a large eat-in chef’s kitchen, a walk in pantry, double ovens, temperature-controlled wine storage, full bar, a remote-controlled contemporary fireplace, media room, laundry room, 3 guest bedrooms with en-suite baths. The stunning primary suite, tucked behind French doors, includes separate dual baths, a fitness room and two grand walk-in closets. Enjoy the convenience of two garage spaces, one carport space and a storage unit. The seller will include a $35K credit at closing, toward a buyer’s new membership to the amenity-rich Pelican Isle Yacht Club. Membership is based upon availability, as is the ability to lease or purchase a boat slip. This is a rare opportunity to own a unique waterfront gem.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,450,000
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 | $5,160,000 | $5,160,000 | $5,160,000 |
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 | $1,067 | $1,067 | $1,067 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $33,468 | $33,040 | $45,304 |
Total Monthly Payment | $34,660 | $34,232 | $46,496 |
* 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.