Under Construction. Tidewater Builders presents this custom, luxury waterfront property on Siesta Key. Boasting a "Florida Modern Design", this home embodies distinctive features that set it apart from the ordinary. The home features a desirable layout with an open-floor plan and 2 master suites. With 4 spacious bedrooms, 5 full bathrooms, a media room, and 2 separate living areas, this 3, 708 SqFt home has it all. The expansive covered lanai overlooking the salt-water pool & spa provides a seamless flow for Florida's coveted indoor-outdoor lifestyle. The property has a brand new, raised seawall and will be completed with a new dock and 10, 000 lb boat lift. 4838 Higel is located in the heart of Siesta Key where you can walk or ride bikes to the famous white sand beaches and local shopping & dining district, "The Village". Estimated completion time is April 2025. Photo renderings are for illustration purposes only and should not be used as representation of the home's precise or actual features. Call today for more information.
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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 | $3,596,000 | $3,596,000 | $3,596,000 |
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 | $955 | $955 | $955 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $23,324 | $23,026 | $31,573 |
Total Monthly Payment | $24,404 | $24,106 | $32,653 |
* 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.