This exceptional custom-built home is situated on an oversized lot with stunning wide water views of Fredericks Bay. Deep water quick direct access out to the Gulf of Mexico through Caxambas Pass. This spacious 2-story 5 bedroom plus den, 4 ½ bath residence has everything you need with a formal living area, wine room / wet bar, updated gourmet kitchen with breakfast area, new appliances, beautiful cabinets, and adjacent warm & welcoming family room that can be used as additional dining area. The 5th bedroom comes with custom-built-ins which can also be used as an office / art studio. Enjoy the morning sunrise from the outdoor coffee patio or captivating sunsets from your expansive outdoor veranda with pool, spa, and summer kitchen. The master suite retreat offers dual sinks, bidet, with separate tub and shower. The 2nd floor offers privacy for your guests with a 2nd master bedroom and private balcony to enjoy the stunning bay views. This home has an abundance of storage that includes walk-in closets in every bedroom. A large composite dock with a16k & 6k lift provides the perfect opportunity for the boater enthusiast and includes your own air-conditioned dock storage. Impact glass, manual & electric shutters, over-sized 3 car garage, and circular driveway. Surrounded by lush tropical landscaping. Make this your slice of paradise today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,600,000
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 | $4,480,000 | $4,480,000 | $4,480,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.110% | 6.735% | 6.680% |
Monthly Tax Payment | $1,289 | $1,289 | $1,289 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $29,057 | $28,686 | $39,026 |
Total Monthly Payment | $30,471 | $30,100 | $40,440 |
* 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.