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LOCATED DIRECTLY ON COFFEE POT BAYOU, THIS REMARKABLE AND WELL-BUILT COASTAL CONTEMPORARY 4 BEDROOM, 5 BATH, 6280 TOTAL SQFT LUXURY RESIDENCE IS AN UNFORGETTABLE WATERFRONT LIVING EXPERIENCE! Lushly landscaped with a towering 24ft-high covered entry porch and a soaring 23ft-high foyer, you’ll love the graceful touches and picturesque water views of a place that will inspire your senses and fuel your imagination. Beautiful light honey-oak/wide-plank wood flooring, grand 12ft-high ceilings, radiant modern lighting, and distinctive arches/contours give this residence an impressive, understated elegance. Sumptuous gourmet kitchen boasts lavish white marble counters, two multi-level island bars, Wolf/Subzero appliances, gas cooking, dedicated work desk area and a sizable walk-in pantry. The exceptional formal dining room is complemented by a wonderful casual waterfront dining area that transitions to a 50ft-wide. 12ft-high covered balcony with private pool bath and built-in gas cooking center. The fine waterfront living room enjoys rich built-ins, a media wall with LED fireplace, and a wonderful custom dry bar with matching kitchen finishes. Upstairs, discover the huge owner’s suite with dedicated waterfront sitting room and access to a terrific 225sqft covered waterfront balcony overlooking the pool deck. Owner’s bath enjoys two roomy walk-in closet systems, exquisite high-quality vanities, a pampering stand-alone soaking tub and a dual-entry walk-in shower. All bedrooms are oversized with walk-in closets. Gorgeous 2nd bedroom is ensuite, while bedrooms 3 and 4 are joined by a plush Jack-and-Jill bath. Posh upper-level media room features a full luxury wet bar and access to covered balcony. Opening to the waterfront, the impressive all-cherrywood executive office provides a splendid built-in desk & storage center. Out back, you’ll find a dazzling Pebble Tech swimming pool and a sweeping 145ft of waterfrontage looking across Coffee Pot Bayou. Huge backyard offers generous space for entertaining and family activities. Updated seawall and composite dock support a 10, 000lb boat lift, and a step-down platform for kayak/paddleboard launch – this is a great spot to watch the downtown fireworks show! Superb features include a new galvalume roof/gutter system, well-appointed laundry, water filtration/softening, heated pool, epoxy garage flooring and much more. A strikingly beautiful home in a terrific location near downtown St. Petersburg. Buyer to verify dimensions.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,999,000
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 | $3,999,200 | $3,999,200 | $3,999,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.748% | 6.701% |
Monthly Tax Payment | $5,106 | $5,106 | $5,106 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $26,272 | $25,607 | $34,837 |
Total Monthly Payment | $31,503 | $30,838 | $40,068 |
* 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.