Presented byJ2 Luxury Group |
Step onto the staggering 1400 square feet of roof terrace of this lavish penthouse, and the world unfolds before you. You’ll be captivated by sweeping vistas in every direction. By day, the shimmering Gulf of Mexico and bright sun draw you in; by night, the sparkling lights of paradise create a mesmerizing backdrop. This vast space is perfect for hosting grand, unforgettable gatherings.
Inside, the grand living areas continue to impress. The generous great room, with its custom marble fireplace, is the epitome of comfort and style. A formal dining area, complete with a convenient wet bar, enhances your entertaining experience. Behind the fireplace lies an inviting study, featuring custom built-ins and a screened lanai that invites you to take in the breathtaking views. The gourmet chef’s kitchen is designed for both function and beauty, with a large island, glass-walled breakfast nook, and a spacious walk-in pantry, making it ideal for both cooking and casual dining.
Double doors from the foyer open into the private principal suite, a sanctuary of space and serenity. The bedroom is luxuriously appointed, with a door leading to the screened lanai, offering a perfect spot for morning coffee while overlooking nature’s beauty. A short hallway leads to a magnificent custom closet, followed by a stunningly remodeled principal bath. Here, you’ll find a large glass-enclosed shower, a raised platform soaking tub, and exquisite custom cabinetry and lighting.
Two spacious en-suite guest bedrooms, each with beautifully renovated baths, offer luxurious accommodations for family or guests. The expansive terrace provides awe-inspiring views that seem to stretch on forever.
Additional features include two assigned parking spaces, ample storage, and a newly reimagined pool and grilling area, set above the serene mangroves.
Penthouse 1502 lives like a mansion in the sky, offering the ultimate in luxury living within the exclusive, gated community of Bay Colony. Residents enjoy access to the renowned Bay Colony Beach Club and the Ritz-Carlton, just next door. This extraordinary residence is a must-see – words can hardly do it justice. You won’t want to miss the opportunity to experience it firsthand.
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:
$5,995,000
Sales Associates
William Raveis Real Estate
Phone: 617.320.8253
J2LuxuryGroup@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 | $4,796,000 | $4,796,000 | $4,796,000 |
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 | $2,584 | $2,584 | $2,584 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $31,908 | $30,709 | $42,109 |
Total Monthly Payment | $34,617 | $33,418 | $44,818 |
* 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.