Nestled within the exclusive enclave of Southport on the Bay lies a magnificent waterfront oasis offering the epitome of coastal living. This 6 bedroom, 8 bathroom residence was masterfully crafted by the award winning team at Potter Homes in 2019 and is situated on a sprawling peninsula lot, this residence commands breathtaking views of the bay and glimpses of the Gulf, providing an idyllic backdrop for everyday living and entertaining. Whether starting the morning with a vivid sunrise, basking in the Florida sun, or savoring the vibrant hues of twilight this sanctuary is the perfect retreat. Inside, expansive waterfront views inundate the living spaces, seamlessly merging the indoors with the outdoors. Enjoy peace of mind with impact windows and doors, complemented by hurricane shutters on the lanais, ensuring year-round comfort and safety. Ascend the spiral staircase to discover the crowning jewel of this home - a sunset viewing deck perched atop the house, offering panoramic vistas of the surrounding landscape. Boating enthusiasts will delight in the expansive dock offering a 20, 000 lbs boat lift paired with a double jet ski platform lift and underwater lighting. Modern security system, coupled with 24-hour community patrol offer unparalleled peace of mind, allowing you to relax and unwind in complete tranquility. The outdoor amenities are simply unparalleled, boasting one of the largest entertaining areas that Barefoot Beach has to offer. Gather around the gas fire pit or bask in the glow of fire bowls as you soak in the ambiance of waterfront living. Step into paradise with deeded beach access to the pristine shores of Barefoot Beach, renowned for its powder-white sands and emerald waters. Lush landscaping envelops the property in natural beauty. With its inviting, cozy feel and array of amenities, this waterfront haven offers a lifestyle of luxury and leisure, inviting you to create lasting memories in a truly exceptional setting. Don't miss the opportunity to make this dream home your reality - schedule a private viewing today!
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Our Executive Mortgage Banker:
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$7,950,000
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 | $6,360,000 | $6,360,000 | $6,360,000 |
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 | $4,341 | $4,341 | $4,341 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $41,251 | $40,724 | $55,840 |
Total Monthly Payment | $45,717 | $45,190 | $60,306 |
* 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.