Hurricane Safe! No damage to this home in back-to-back hurricanes (Cat 4 and Cat 5)! Million-dollar Gulf of Mexico views. Lowest square foot price on any newer built home on the Island! Enjoy watching waves crash from the comforts of your living room. New Construction (2021). PRIVATE PERSONAL BOAT DOCK and irrigation with optional HOA Membership. Hurricane windows and doors. Raised home so no worries of hurricane flood damage! One-of-a-kind Mid-Island Longboat Key custom-built home across the street from the Gulf of Mexico! Just steps from the very quiet, often private beach. Rare find on LBK - With BOTH gulf and bay views AND a boat dock! 4, 868 square feet under air, breathtaking gulf views from every floor! Amazing sunset views -- Every Single Night -- from every single floor, including a fully screened, covered 35-ft deck and screened, heated pool and firepit. You can hear waves crash on the beach, only 400 feet from your decks. The coolest thing about this house -- the 4th floor open air deck with 360-degree views and a hot tub under the stars! This all-block home is a 4-story home and includes 4 bedrooms, 4 baths, an elevator, front and back stairways, a theater room with sound control, and oversized garages for 3 SUVs/Trucks, plus a workshop, extra garage storage and room for a trailer. There is a paved circle drive and as a bonus - extra overflow parking spaces. The storage in this house is ridiculous! More than 800 sf of climate-controlled storage area to use as you wish. 6, 720 total square feet! Every living space is zoned and has its own thermostat for individual comfort. The Master suite has amazing gulf views, a separate home office, and a spacious bathroom with luxurious soaking tub, and a no-door walk-in shower. The best part of this master retreat is the private deck overlooking the Gulf of Mexico. The stunning gourmet kitchen includes quartz countertops and even a quartz sink, custom cabinetry, large pantry, extra-large island with a breakfast bar, appliance package with double ovens (Both are convection. One is also an air fryer), and a huge 60-inch stainless steel refrigerator ready for your large family gatherings! There are 13' ceilings, extra-wide panel pocket sliding doors, and a beautiful floor to ceiling fireplace. There is also an outdoor kitchen with a Napoleon grill and built-in dining area on the 3rd floor for your sunset dining pleasure. Professionally wired for any tech devices you desire. Beautiful landscaping surrounded by privacy bushes on all sides and abundant Palm Trees (because. . . Florida) adorn the front yard. This home is conveniently located in Sarasota County. Minutes to the Sarasota International Airport (SRQ) and convenient to three more major airports. The home is at the center of the island, and a quick walk/bike to Publix and town center conveniences. There is an awesome wide sidewalk to shopping or to the beach, with light-protected crosswalk to the beach just one block away. And Longboat Key is in the process of burying all of the overhead power lines, so the wide-open gulf views will be even more spectacular. Upscale shopping (the famous St. Armands Circle) and the area’s finest restaurants in one direction and more beaches (Anna Maria Island) and fun attractions in the other. Lucky you if you lock this one up!
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$4,390,000
William Raveis Real Estate
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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 | $3,512,000 | $3,512,000 | $3,512,000 |
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 | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $2,395 | $2,395 | $2,395 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $22,779 | $22,488 | $30,835 |
Total Monthly Payment | $25,299 | $25,008 | $33,355 |
* 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.