Fabulous lower-floor condo in Building One on the desirable southwest side, featuring the coveted "01" stack with an expansive wraparound balcony approximately 1450 square feet of outside balcony which offers much more outdoor space than all the other units. the outside balcony has tiled plank "wood-look" flooring, a glass railing system which complements warm-toned hardwood floors inside. Creating a seamless indoor-outdoor flow for entertaining and design. The open great room floor plan includes a custom built-in media wall with a linear gas fireplace, designer ceiling details, and a striking quartz chandelier. The gourmet kitchen boasts white cabinetry, waterfall quartz island countertops, a tiled backsplash, and top-tier appliances, plus a walk-in pantry with a beverage area and ample storage. The owner’s suite opens to the lanai and features a luxurious bath with a walk-in shower, floating tub, dual vanities, and a built-out closet. Three additional en-suite guest rooms offer plantation shutters and large closets. A spacious interior laundry room and separate service entrance add convenience. In tower one enjoy the rooftop infinty pool, indoor/outdoor fitness area, lounge area, grilling area, conversation sofas and so much more. Kalea Bay residents enjoy world-class amenities at the exclusive club, with over 100, 000 square feet of luxury amenities. Includes: pools, expanded and remodeled fitness area, casual and formal dining, a beach park, fire pits, a dog park, tennis, pickleball, and short-term guest villas. Live the lifestyle of your dreams at Kalea Bay! Just minutes to sandy beaches, Mercato, fine dining and shopping.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,500,000
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 | $2,800,000 | $2,800,000 | $2,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.375% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.209% | 6.498% | 6.579% |
Monthly Tax Payment | $2,026 | $2,026 | $2,026 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,929 | $17,468 | $24,199 |
Total Monthly Payment | $20,080 | $19,619 | $26,350 |
* 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.