Here is the opportunity you have been waiting for! Have you been searching for that perfect sunset view on Paradise Island? This quarter-acre prime lot is set back from the street, ensuring both privacy and seclusion, making it a rare gem on this coveted island. Though impacted by Hurricane Helene like all properties here, this residence offers a world of possibilities—whether you choose to remediate, lift, or rebuild your dream elevated home, the potential is endless. Enjoy the island’s 9-hole golf course, and numerous tennis courts. This home was and can be truly remarkable again with its top-tier features making it the perfect choice. Modern Conveniences such as a Tesla charger, hurricane-rated garage door, water softener, and elevated garage storage. New Metal Roof (2019) and All-New hurricane windows and sliders for added resilience. The Designer Kitchen was beautifully crafted by a professional design firm and offers premium cabinetry that could easily be retained in a remediation. Elegant Interiors include gorgeous tile flooring, plantation shutters, solar blinds, and phantom screens that add sophistication to every room. Outdoor Luxury is where this property shines with a complete pool remodel with premium heat-resistant silver-gray travertine that surrounds the pool, blending seamlessly with the professionally landscaped yard filled with native Florida plants. This home is extremely entertainment-friendly where you can open the sliders and use the retractable screens to enjoy the ocean breezes at any moment. The kitchen can be easily put back together and features a Bertazzoni Italian stove hood, just add the matching range and you are back to enjoying this gourmet kitchen. The property also features a large indoor laundry room with upper cabinetry. This property features a 10, 000 lb. boat lift and a dock with a durable composite deck, making waterfront living effortless. The paver driveway, extended with a side drive, offers ample space, perfect for storing a Class C travel van or extra vehicles. Treasure Island offers a charming, self-contained community with a quaint downtown, and exciting new developments are on the horizon, including the new city hall. Recreation abounds here, with the Treasure Bay Golf and Tennis Club, the John Morroni Memorial Dog Park, and multiple boat ramps. Residents enjoy convenient access to local favorites, like the historic Key West Sloppy Joe’s, a Publix grocery store, and a beach boardwalk—all within a short stroll or golf cart ride. Paradise Island offers the best in luxury living and a prime location with easy access on and off the island, away from Gulf Blvd. and its tourist traffic. Embrace the tranquility and elegance of Paradise Island, where your sunset oasis awaits! This is Florida Living at its Finest!
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Our Executive Mortgage Banker:
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$1,300,000
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 | $1,040,000 | $1,040,000 | $1,040,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.250% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.360% | 6.956% |
Monthly Tax Payment | $987 | $987 | $987 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,745 | $6,403 | $9,203 |
Total Monthly Payment | $7,857 | $7,515 | $10,315 |
* 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.