Under contract-accepting backup offers. Pre-Construction. To be built. Unveiling a breathtaking oceanfront sanctuary nestled within the elite Ocean Hammock gated community. This remarkable residence offers spectacular views of the Atlantic Ocean and pristine beaches, seamlessly merging luxury with tranquility. As an added bonus, there are no buildable lots on the west side of Ocean Ridge Blvd. at this location, meaning you will never have neighbor on the opposite side of the street. Without any buildable lots to the west, your new dream home will enjoy lake views from the upper floors on the front of the house, in addition to jaw-dropping ocean views to the east. Experience serene mornings with breathtaking Atlantic sunrises and unwind with picturesque sunsets in this uniquely coastal community. Encompassing over 6000 square feet of artfully designed living space, the home is a testament to exceptional craftsmanship and refined architectural elegance. The main living space is expertly crafted to showcase panoramic ocean vistas, providing a peaceful and picturesque backdrop for relaxation and entertaining. An elevator ensures effortless access to all levels, while a semi-private beach walkover allows for direct beach enjoyment. The outdoor retreat features a lavish pool, complete with summer kitchen. A full bathroom accessible from the pool area enhances the outdoor living experience. The dedicated home theater pre`wired for 16 speakers with sound isolation. Additional practical features include 2 laundry rooms, one is located on the 3rd floor by all the bedrooms, the other laundry room is on 2nd floor for pool and beach towels, and a full dog washing station, further enhancing the home's functionality. Every detail of this exquisite oceanfront sanctuary has been thoughtfully crafted to provide an unparalleled living experience. Whether basking in the private pool/ hot tub, entertaining in the outdoor space this home is exquisite! Homes are already on each side so no new construction noise! There is still time to change things to make it your own!
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,000,000
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 | $4,000,000 | $4,000,000 | $4,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.343% | 6.851% | 6.704% |
Monthly Tax Payment | $693 | $693 | $693 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $25,612 | $25,944 | $34,844 |
Total Monthly Payment | $26,430 | $26,762 | $35,662 |
* 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.