101 12th STREET E, Tierra Verde, FL, 33715 | $7,500,000

Prepare to be captivated by this extraordinary waterfront residence, custom built in 2006 by the renowned Alvarez Custom Homes. Perfectly poised on a coveted point lot with 185 feet of pristine waterfront, this architectural marvel offers expansive open water views of Tampa Bay and a sheltered haven ideal for docking even the most substantial yachts. As you step through the grand entrance, breathtaking open water views greet you as does the magnificent two-story library, adorned with exquisite mahogany millwork and a gas fireplace framed by onyx, sets the tone for the home's exceptional attention to detail and sophisticated design.

Designed with entertaining in mind, the home's layout flows seamlessly. The chef's kitchen is a culinary haven, featuring top-of-the-line appliances: two dishwashers, two warming drawers, two ovens, a six-burner stove with a grill, a Sub-Zero refrigerator, a separate freezer, a walk-in pantry, a butler's pantry, and a wet bar equipped with wine refrigeration and an ice maker. Every detail has been meticulously planned for effortless hosting and dining.

The spacious first-floor primary suite is the epitome of luxury, boasting an opulent en-suite bath with spectacular venetian plaster and faux finishes, separate vanities, custom-built millwork, and two expansive walk-in closets with custom systems. A dressing area and morning kitchen complete this serene retreat.

Throughout the home, you'll discover a wealth of exquisite details: intricate millwork, elegant moldings, travertine and cherry hardwood floors, and more. The outdoor entertaining spaces are spectacular, featuring a Viking kitchen with a gourmet grill/rotisserie/searing element, side burners, smoker oven, kegerator, ice maker, refrigerator, and bartender server area. The custom glass tile pool and spa, with water fountain features and a shallow sun deck, provide the perfect backdrop for relaxation. For the captain of the family, the side dock offers a haven for multiple vessels, and a yacht while allowing you to still savor the panoramic open water views. Ascend the sweeping marble staircase with custom wrought iron railings to find a gorgeous loft office with built-in features and three spacious bedrooms, including a guest suite with an en-suite bath. Every corner of this home exudes quality and sophistication, inviting you to experience the ultimate in waterfront living. Tierra Verde is a Florida island paradise that offers everything for an outdoor enthusiast as well as convenience to shopping, restaurants, downtown St Petersburg and a quick 30 minute commute to Tampa International. You deserve to have it all!

Features

  • Amenities: Fence Restrictions, Park, Playground, Tennis Court(s), Trail(s)
  • Rooms: 9
  • Bedrooms: 4
  • Baths: 3 full / 2 half
  • Lot Size: 126 x 126
  • Laundry: Gas Dryer Hookup, Inside, Laundry Room
  • Style: Mediterranean
  • Year Built: 2006
  • Garage: 3-car Circular Driveway, Driveway, Garage Door Opener, Oversized, Workshop in Garage
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 5,535
  • Acreage: 0.35
  • Lot Size: 126 x 126
  • Est. Taxes: $36,605
  • HOA Fee: $796 Annually
  • Lot Desc: Cul-De-Sac, Flood Insurance Required, FloodZone, In County, Near Marina, Unincorporated
  • View: Water
  • Pool: Deck, Gunite, In Ground, Lighting, Tile
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer, Wine Refrigerator
  • MLS#: TB8319944
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/TB8319944/10112thstreete_tierraverde_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/26/2024 11:32:07 PM)
Listing courtesy of COMPASS FLORIDA LLC   Phone: 727-339-7902

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NMLS Mortgage Loan Originator ID 16953

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101 12th STREET E, Tierra Verde, FL, 33715

$7,500,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $6,000,000 $6,000,000 $6,000,000
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 7.321% 6.750% 7.038%
Monthly Tax Payment $3,050 $3,050 $3,050
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $38,916 $38,419 $53,095
Total Monthly Payment $42,091 $41,594 $56,270

* 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.