London Bay Homes and Romanza Interior Design have combined their extensive experience of over 25 years in designing and building homes together to create a truly remarkable opportunity. The first floor features an expansive great room, dining area, and café seating, complete with a custom Poliform kitchen and a fully equipped prep kitchen. You can take the stairs or private elevator to the second floor, where you'll find a lounge, morning bar, and two spacious bedroom suites, all with access to a balcony that overlooks the spectacular rear yard. Step outside to discover a true oasis, featuring a resort-style pool and spa, along with over 1, 700 square feet of covered outdoor entertaining spaces. This includes a well-equipped outdoor kitchen with an L-shaped bar and an Evo grill. A separate covered outdoor dining pavilion, situated under a canopy of coconut palm trees, overlooks the pool and tropical landscape. Additionally, a cabana and outdoor living room at the rear of the property includes a fireplace, TV, appliances, and roll-down screens and shutters. Meticulously crafted, this home strikes a perfect balance of refined sophistication and practical elegance. Ideally located just a block from the beach and close to downtown shopping and dining, it promises an enviable lifestyle. Estimated completion is set for mid-January.
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Our Executive Mortgage Banker:
Our Insurance Division:
$18,495,000
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 | $14,796,000 | $14,796,000 | $14,796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.296% | 6.622% | 6.680% |
Monthly Tax Payment | $4,051 | $4,051 | $4,051 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $95,967 | $93,521 | $128,889 |
Total Monthly Payment | $100,143 | $97,697 | $133,065 |
* 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.