Welcome to a waterfront paradise on Palm Island, where coastal living meets luxury in the exclusive enclave of "Pointe Bocilla. " This meticulously remodeled residence offers an unparalleled blend of privacy, water access, and modern amenities. Situated directly on Lemon Bay/Intracoastal Waterway, this residence boasts not one but two docks with boat lifts (10, 000 lb & 13, 000 lb), including one suitable for deep-water vessels. With direct access and no bridges to the Gulf of Mexico, this waterfront haven is a dream for boating enthusiasts. The entire residence is bathed in natural light, thanks to the large windows that frame panoramic water views. The heart of the home, the kitchen, has been completely transformed with top-of-the-line appliances, custom cabinetry, and sleek countertops, creating a chef's paradise. The expansive living space comprises three bedrooms and three full baths, providing ample room for both family and guests. Enjoy the ultimate in relaxation on huge porches that offer stunning vistas of the water, providing the perfect setting for entertaining or unwinding. For added convenience, an elevator connects to the main living level of this home. Indulge in the luxury of a private swim spa, where you can soak away the stresses of the day while surrounded by the serenity of the Intracoastal Waterway. The residence also features a spacious garage, providing secure storage for vehicles and watercraft. "Pointe Bocilla" is a private neighborhood that enhances the allure of this property. With only 12 homesites, residents enjoy a sense of exclusivity and community. The neighborhood amenities include a private tennis court and a refreshing swimming pool, providing opportunities for recreation and socializing in an intimate setting.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,970,000
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 | $1,576,000 | $1,576,000 | $1,576,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.200% | 6.748% | 6.786% |
Monthly Tax Payment | $2,016 | $2,016 | $2,016 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,485 | $10,091 | $13,837 |
Total Monthly Payment | $12,626 | $12,232 | $15,978 |
* 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.