Under Construction. LOWEST NEW CONSTRUCTION price on highly desireable North Siesta Key and a completion date of 12/31/2024. Situated on 1/3 acre with 102 feet of wide canal waterfront and no bridges to the bay. The 4, 711 square foot home is solid block construction on all levels and has a generous allowance package. The house has been thoughtfully designed, maximizing privacy and use of space. The main level features a designer kitchen with an open floor plan to the great room, a separate office, two covered terraces and a summer kitchen. The spacious primary suite is also on the main level with dual closets and a sumptuous bathroom featuring a large walk in shower and separate soaking tub. Mid level you will find 2 en-suite bedrooms, and the upper level boasts a clubroom with wet bar, a second primary suite, and an outdoor covered terrace to enjoy the sunset views. Other notable features include high ceilings with an abundance of natural light, an elevator to all levels, 3-car garage (one tandem), and a heated saltwater pool & spa. Constructed by premier builder Mike Voigt and interiors by acclaimed designer Angela Rodriguez, this house will check all the boxes of your dream waterfront home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,200,000
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 | $5,760,000 | $5,760,000 | $5,760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.304% | 6.762% | 6.725% |
Monthly Tax Payment | $2,170 | $2,170 | $2,170 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $36,407 | $36,882 | $50,176 |
Total Monthly Payment | $38,702 | $39,177 | $52,471 |
* 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.