BUILT TO WITHSTAND A CAT 5 HURRICANE, LIVING SPACE OF THE HOME COMPLETELY UNTOUCHED BY HURRICANE HELENE! Some repairs being made to outbuildings and garage doors below the home. MOVE IN READY! TROPICAL GULF OF MEXICO LUXURY ESTATE – This stunning Gulf front property, comprised of over 23 acres, with over 1, 100 feet of waterfront on the Gulf of Mexico, with incredible water views from every room is a one-of-a-kind opportunity. The residence is comprised of 5 bedrooms and 5/2 bathrooms in over 8, 950 sq ft of living area. Bathed in sunlight, the split plan residence comprises a large entrance hall, living room, generous dining room, butler’s pantry, gourmet kitchen, 350-bottle wine cellar, large walk-in pantry, informal dining area, family room, billiard room, library, professional built 28 seat home theatre, exquisite master suite, opulent en-suite, all showcasing breathtaking views of the Gulf of Mexico. Gated, safe & secure, with a generator that will run the entire home for a month. Outside, a magnificent west facing terrazzo terrace extends the entire length of the home, with an outdoor kitchen with breathtaking Gulf views. Outdoor highlights also include a boat ramp, rustic boat house, a historical rustic guest house, a bridge which leads to an island with a floating boat dock, and double (lighted) tennis courts all amid the beautiful coastal wilderness. A car collectors dream featuring a 40+ car garage, with height for car racks and 12 garage doors, including a utility door, for Helicopter or RV and spans the entire space under the home. The 30, 000 sq. ft. motor court makes landing a helicopter easy! The region is a prime spot for water sports and fishing. One of Florida’s most captivating Gulf Coast homes, this private, opulent home is cleverly designed to maximize its position overlooking the Gulf of Mexico.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,950,000
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 | $3,960,000 | $3,960,000 | $3,960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $6,370 | $6,370 | $6,370 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $25,356 | $25,356 | $34,769 |
Total Monthly Payment | $31,851 | $31,851 | $41,264 |
* 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.