Pre-Construction. To be built. Elevated to the latest codes to alleviate concerns about flooding and storm surges, this modern Milano Home is designed for the elements. Welcome to this stunning 5 bedroom, 5 bath modern residence, a true masterpiece, offering luxurious living spaces and an array of desirable features. As you step inside, you'll be greeted by an open and spacious floor plan, designed to maximize natural light and create a seamless flow throughout. The sleek and contemporary kitchen is a chef's delight, boasting top-of-the-line appliances, ample storage space, and a large center island perfect for entertaining guests. The expansive living area allows you to enjoy gulf views from the comfort of your own home. The master suite is a true oasis, featuring a private balcony, a luxurious en-suite bathroom with a soaking tub, and a spacious walk-in closet. The additional four bedrooms are generously sized and offer both privacy and comfort for all family members and guests. Step outside to your own private paradise, where you'll find a sparkling pool surrounded by lush privacy landscaping. Whether you're taking a refreshing dip or simply lounging by the poolside, this outdoor space is perfect for relaxation and entertaining. The attached 2 car garage provides ample space for your vehicles and additional storage needs. Located in a highly sought-after neighborhood, this Milano home offers the perfect combination of luxury, privacy, and convenience. Don't miss the opportunity to make this your forever home and experience the ultimate coastal lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,200,000
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 | $1,760,000 | $1,760,000 | $1,760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.636% | 6.684% |
Monthly Tax Payment | $310 | $310 | $310 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,269 | $11,124 | $15,331 |
Total Monthly Payment | $11,704 | $11,559 | $15,766 |
* 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.