High and dry, only 9 homes from the beach. No water inside home, garage, or pool during hurricanes Ian or Milton. 11' above sea level. Prime opportunity to own a private residential property of substantial size in one of the most coveted locations in the United States. Situated on an oversized . 34 acre corner homesite just steps from the beach, this residence offers 4 beds, 4 full and 2 half baths, a large office overlooking the pool, a loft, an upstairs kitchenette, 2 balconies, and multiple covered outdoor living areas including a gazebo. 12' ceilings on the entire main level. The master suite includes a morning coffee/beverage bar, his and her closets with a second laundry room, and a large bathroom with separate water closets and a bidet. The expansive layout offers ample space for everyone to spread out and unwind. Enjoy the luxury of natural hardwood floors, beautiful ceiling inlays, 2 fireplaces, impact glass throughout, a walk-in wine room, an instant-hot water circulator, and the convenience of a private elevator. The open kitchen is equipped with top-of-the-line appliances, including a natural gas stove. The heart of the home is the outdoor entertainment space featuring a resort-style pool with a spillover spa and rock waterfall. Outdoor space also offers a dedicated pool bath. This full corner parcel is surrounded by tropical foliage creating a serene oasis. A rare large back and side yard, along with a 3-car garage, add to this exceptional property's appeal. Located just a short stroll away from a very private stretch of beach (approx 1 block). Enjoy endless shopping, dining, and entertainment options at 3rd St S and 5th Ave, all within a few blocks from your doorstep. Don't miss the chance to own this gem in the heart
of paradise. Check out the property video production link.
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,100,000
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 | $5,680,000 | $5,680,000 | $5,680,000 |
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 | $2,494 | $2,494 | $2,494 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $36,370 | $36,840 | $49,479 |
Total Monthly Payment | $38,989 | $39,459 | $52,098 |
* 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.