Seller Financing Available. Inspired by Meisner from Palm Beach & the villas on the Venetian canals. Located in a highly desirable neighborhood, this magnificent home seamlessly blends modern artistry with Mediterranean grandeur and a short walk to the beach. As you approach the home from the roundabout driveway, an archway leads to an elegant atrium, introducing you to the splendor that awaits inside. Upon entering, you are welcomed by open spaces, soaring ceilings, and large windows offering picturesque views of the canal. The great room is perfect for hosting gatherings. Adjacent to the kitchen is a large laundry room and extra closet space. Main level are two spacious bedrooms, each with their own full bath. A stunning, curving wooden staircase with an elegant metal railing takes you to the upper level, where a bridge with decorative columns and large panoramic windows leads to the arched entrance of the primary suite and living area. This expansive area features cathedral ceilings, fireplace, and beautiful balcony with captivating views. The en-suite bath is a luxurious retreat boasting gorgeous tile flooring and an exquisite tub that sits next to large windows overlooking the canal. The primary suite also includes a huge walk-in closet with wood doors, accessible and closable from both the bedroom and bathroom. This spacious closet can easily be transformed into a room for hobbies. Another door leads to an outside terrace offering peaceful and pretty views. Sited on one of the island's deepest canals, the backyard dock is perfect for boating enthusiasts or enjoying water activities such as paddle boarding and fishing. The home is tucked away on the tranquil and secluded Penfield Street, which is surrounded by beautiful Hideaway Bay. Longboat Key Club amenities, beaches, restaurants, shopping, parks, and entertainment are nearby. Explore the splendor of this exquisite, one-of-a-kind home – it is a true gem that should not be missed.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,325,000
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 | $1,060,000 | $1,060,000 | $1,060,000 |
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 | 7.406% | 6.762% | 6.830% |
Monthly Tax Payment | $1,461 | $1,461 | $1,461 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,875 | $6,787 | $9,307 |
Total Monthly Payment | $8,461 | $8,373 | $10,893 |
* 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.