Under contract-accepting backup offers. Welcome to Seagrove – the quintessential setting to enjoy maintenance-free, beachfront living on Siesta Key. A rare opportunity awaits you as these residences hardly ever come on the market. This gated, private seaside retreat offers the simplicity and refined charm of traditional beach living with the sophistication of a luxurious home. The Seagrove Beach House is a mid-rise building with only 8 exclusive residences. The Penthouse North is the premier residence in the building featuring unobstructed views to the west and north of the beautiful white sand beach and Gulf of Mexico. Enjoy the peace of mind that comes in a building built strong, with hurricane resistant laminated windows. The spacious interior has over 3000 sf of air-conditioned living space with an open floor plan, Gulf views from all main living areas and an open, gourmet kitchen with top-of-the-line appliances. An intimate breakfast room off of the kitchen is the perfect place to enjoy your morning coffee or tea. The large wrap around terrace features see-through glass railings, an outdoor kitchen with gas grill and plenty of room for lounging or al-fresco dining. Penthouse North has its own, approximately 5000sf, rooftop garden with spectacular 360° views, fire pit, outdoor kitchen, putting green and lounge chairs. You must see this to believe it. There is nothing like it on Siesta Key! The community amenities include a grand swimming pool, hot tub, summer kitchen, fire pit, grill & your own private poolside cabana with refrigerator & custom cabinetry. The secure, gated beach access ensures exclusive entrance from the shores of the Gulf. In addition, Seagrove has a full-time, on-site, building concierge who is available to assist with any and all of your needs, including towel service, receiving packages, attending to your residence or even detailing your car! The refined-coastal architecture of Seagrove draws its inspiration from traditional locales such as Savannah, Charleston and the romantic islands of the West Indies. This is the ultimate haven to enjoy intimate relaxation and luxurious elegance. Additional features include secure keyless entry with private elevator lobby, closed-circuit security, private over-sized, air-conditioned 2-car garage with additional storage. Conveniently located close to the south bridge to Siesta Key, accessing the mainland is a breeze. There are dozens of restaurants nearby on the island or across the bridge. Come discover the best of beachfront living on Siesta Key. An opportunity like this does not come around very often.
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Our Executive Mortgage Banker:
Our Insurance Division:
$6,150,000
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 | $4,920,000 | $4,920,000 | $4,920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $4,744 | $4,744 | $4,744 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $31,503 | $31,911 | $43,197 |
Total Monthly Payment | $36,372 | $36,780 | $48,066 |
* 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.