Constructed in 2022 and nestled in the heart of Lido Beach. Income producing property, turnkey home with modern furnishings, this property offers the perfect blend of comfort, style, and convenience. Experience luxury beach living at its finest in this stunning custom-built home. Spanning over 4100 sq ft home with nine bedrooms and eight full bathrooms, and a powder room, this expansive home provides ample space for relaxation and entertainment. The open layout, complemented by high ceilings and floor-to-ceiling windows, floods the interior with natural light and creates a seamless flow between the living areas. A lavish owner's suite, providing a private retreat with all the comforts of home is located on the first floor. Additionally, six well-appointed ensuite bedrooms ensure privacy and comfort for guests, with only two bedrooms sharing a convenient Jack and Jill bathroom. For added convenience, this property includes a two-car garage, balconies, entertainment room, open seating area in the upper level with a balcony. Outdoor shower, Gazebo, outdoor gas fire pit, fenced backyard and so much more. Ascend to the private rooftop terrace, where panoramic views of Lido Beach and glimpses of the Gulf of Mexico and bay await. Whether you're hosting gatherings or simply enjoying a quiet moment, this rooftop retreat offers the ultimate vantage point for soaking in the beauty of the surroundings. Don't miss the opportunity to own this exceptional property, offering the epitome of beachside luxury living. Schedule your private tour today and experience the unparalleled elegance and sophistication of this Lido Beach gem. Projected income $400, 000 yearly
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,950,000
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 | $3,960,000 | $3,960,000 | $3,960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $3,983 | $3,983 | $3,983 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $25,356 | $25,684 | $34,769 |
Total Monthly Payment | $29,464 | $29,792 | $38,877 |
* 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.