Under Construction. Absolutely Stunning Modern Masterpiece in the heart of Palma Ceia one house away from the infamous Palma Ceia Golf Course. Brand New Construction built by Luxury Home Builder BayWalk Custom Homes. Abounding in Luxury, Style, and design, this home sits on an expansive 75x150 lot (11, 250 Sq Ft) and boasts just under 6500 sq. ft with 5 Bedrooms, 5. 5 Bathrooms, 3 car garage, Elevator, 24 Ft Ceiling in your Grand Foyer, Office, Game Room, and much more. With superior quality and craftmanship, this home will amaze you with its gorgeous high-end finishes and open floor plan. 2 Car Garage home is a true one of a kind. The first floor features a large guest suite with private bath, office/den, formal dining room, and a spacious gourmet kitchen with a large island and walk-in pantry, Thermador stainless steel appliances, 60" built-in fridge & range w/double oven, marble countertops, and adjacent spacious Breakfast nook. The kitchen opens to the grand family room featuring a gas fireplace, Pocket sliding glass doors offering plenty of natural light leads out to your spacious lanai with outdoor kitchen. In addition, Functional mudroom as you enter from the garage with a secondary laundry room. Upstairs, you will find an open loft area, large game room with additional half bath, 3 secondary bedrooms each with their own private bathrooms and walk in closets, a lavish master suite complete with a large master bath, including a free-standing bathtub, shower with rain-head and a very generous his and hers walk-in closets. Upstairs also has your large Laundry room with cabinetry and sink. Some of the features include large plank wood floors throughout, beautiful 42-inch wood cabinetry, 10ft Ceilings, Marble, and so much more. Act soon to add your personal touches.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,250,000
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 | $4,200,000 | $4,200,000 | $4,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | $622 | $622 | $622 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $27,241 | $27,241 | $37,166 |
Total Monthly Payment | $27,988 | $27,988 | $37,913 |
* 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.