NO HURRICANE DAMAGE!
One of only very few island homes featuring all concrete construction.
Recently completely re-imagined from top to bottom.
Embrace unparalleled comfort and luxury in this serene oasis featuring renovated, resort like pool area offering over 5000 sq feet of seamless indoor-outdoor space, perfect for entertaining or relaxation.
Enjoy expansive terraces and revel in breathtaking panoramic Gulf views from the upper level.
This solidly built home features new high efficiency AC units. For added comfort enjoy convenience of an elevator.
There is a brand new 16K boat lift and a 1 year old tandem jet-ski lift.
Located in a unique and tranquil setting, you'll have access to a private beach just moments away. Spend your days paddleboarding, kayaking, or fishing off the dock. Experience island living at its finest with this stunning water-front property offering easy access to the intracoastal and the Gulf of Mexico. Accessible via a short ferry ride or a private boat, envision yourself walking on peaceful, pristine beaches, or simply unwinding by the pool.
There is construction happening all over the island but this property is truly move in ready, fully furnished if desired.
If you are seeking a sanctuary away from the hustle and bustle, look no further than this Palm Island paradise! Welcome to your ultimate island escape!
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:
$2,550,000
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 | $2,040,000 | $2,040,000 | $2,040,000 |
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 | $2,537 | $2,537 | $2,537 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,231 | $13,062 | $18,052 |
Total Monthly Payment | $15,893 | $15,724 | $20,714 |
* 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.