Welcome to Jubilee Estate, a luxurious waterfront sanctuary unlike any other. Ideally positioned on 11. 2 pristine acres along the shores of Palma Sola Bay, this extraordinary 11. 2 -acre estate, currently operating as a boutique hotel and wedding venue, boasts an impressive 8, 400 SF main residence with 655 feet of pristine bay frontage. Featuring eight bedrooms, each with a private bath, along with two guest cottages, the estate comfortably accommodates up to 20 guests. Designed by renowned architect Jerry Sparkman of Sweet Sparkman Architecture & Interiors, Jubilee showcases exquisite design and amenities that cater to the most discerning tastes. The estate features a resort-style infinity pool with lounge seating, perfect for relaxation and entertainment. The gourmet kitchen, complete with a food prep area and scullery, is a chef's dream, ideal for both family meals and large-scale events. The primary bedroom suite is a true retreat, boasting a reading room, walk-in dressing room, and a private balcony that offers stunning views of the surrounding landscape. Superb craftsmanship is reflected in the hand-honed beamed ceilings, and hand-selected natural materials such as bluestone flooring, soapstone, and marble counters add to the estate's luxurious feel while creating a harmonious blend of natural beauty and modern elegance. Every detail of Jubilee has been meticulously crafted to ensure the highest standards of quality and aesthetics, from the custom finishes to the thoughtfully designed spaces. The property's design maximizes its breathtaking views of Palma Sola Bay, creating an unparalleled living experience that celebrates the beauty of its natural setting. Jubilee presents a once-in-a-lifetime opportunity to own a unique piece of paradise for sportsmen and car collectors. Whether envisioned as a private residence, a continuation of its current use as a boutique hotel, or an exclusive event venue, this property offers limitless potential for those who appreciate the perfect blend of natural beauty and refined luxury. Here, every day feels like a vacation in your own private resort.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$16,500,000
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 | $13,200,000 | $13,200,000 | $13,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $2,619 | $2,619 | $2,619 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $85,615 | $84,521 | $116,808 |
Total Monthly Payment | $88,359 | $87,265 | $119,552 |
* 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.