140 Ocean Estates DRIVE, Hutchinson Island, FL, 34949 | $1,749,999

Welcome to your coastal dream home at brand new subdivision of Avalon, if you are a fan of Vero Beach Exquisiteness, you will love this excellent home, where modern luxury meets serene waterfront living. This newly built, four-bedroom, four-bathroom residence offers an unparalleled lifestyle with its exquisite design and premium finishes. Upon entering, you are greeted by an expansive open-concept living space adorned with elegant wood floors and bathed in natural light, courtesy of the large impact-resistant windows and doors that frame stunning water views. The high ceilings and sleek lines throughout the home provide a sense of contemporary sophistication. The gourmet kitchen is a chef’s delight, featuring state-of-the-art appliances, quartz countertops, and custom cabinetry. The oversized island, complete with a waterfall edge, offers ample seating for casual dining and effortless entertainment. Modern pendant lighting and a designer backsplash add a touch of elegance, while a spacious walk-in pantry ensures functionality. Each of the four spacious bedrooms is thoughtfully designed with luxury and comfort in mind. The master suite, a true sanctuary, boasts a spa-like en-suite bathroom with dual vanities, a soaking tub, and a walk-in rain shower, all finished in polished marble and high-end fixtures. Each additional bedroom offers its own en-suite bathroom, providing privacy and convenience for guests or family members. Step outside to your private outdoor oasis, where a brand-new pool invites you to relax in style. The patio area, perfect for alfresco dining or lounging in the sun, is surrounded by lush landscaping, creating a tranquil retreat. In addition, the property features a private dock on the Indian River, offering breathtaking sunsets and the ideal spot for boating or fishing. With exclusively deeded access to a secluded beach just steps away, this home blends coastal charm with modern luxury, offering you the ultimate island lifestyle. Whether you're hosting gatherings in the gourmet kitchen, unwinding by the pool, or enjoying the serene waterside views, this Avalon Beach retreat is designed for those who seek the finest in coastal living.

Features

  • Rooms: 6
  • Bedrooms: 4
  • Baths: 4 full
  • Laundry: Inside, Laundry Room
  • Style: Custom, Florida, Key West
  • Year Built: 2022
  • Garage: 2-car Driveway, Garage Door Opener, Ground Level
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 3,006
  • Acreage: 0.1
  • Est. Taxes: $20,581
  • HOA Fee: $864 Quarterly
  • Lot Desc: Near Marina, Private
  • View: Pool, Trees/Woods, Water
  • Pool: Heated, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Convection Oven, Cooktop, Dryer, Microwave, Range Hood, Refrigerator, Washer
  • MLS#: O6253583
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /eprop/O6253583/140oceanestatesdrive_hutchinsonisland_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/23/2024 5:01:51 AM)
Listing courtesy of Coldwell Banker Realty   Phone: 407-647-1211

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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140 Ocean Estates DRIVE, Hutchinson Island, FL, 34949

$1,749,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $1,399,999 $1,399,999 $1,399,999
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 7.620% 6.735% 6.806%
Monthly Tax Payment $1,715 $1,715 $1,715
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,080 $8,964 $12,292
Total Monthly Payment $10,920 $10,804 $14,132

* 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.  The Total Monthly Payment does not include the estimated HOA/Common Charge payment.