Welcome to Summer Paradise! Discover the epitome of island luxury in this expansive, one-of-a-kind beach home, thoughtfully designed and offering a proven track record as a successful short-term rental. Nestled on an oversized 12, 400-square-foot lot, this custom-built property boasts over 4, 300 square feet of living space (6, 500 square feet under roof) and is fully furnished, complete with an established rental history and bookings secured for 2025. This exquisite home features 6 bedrooms plus a bunkroom area, 6. 5 baths, including five ensuite bedrooms for ultimate comfort. The dream kitchen is a chef’s delight, equipped with a gas range, Sub-Zero refrigerator, U-Line under-counter fridge, wine cooler, and a spacious butler's pantry. Designed with both relaxation and entertainment in mind, the outdoor oasis includes a lagoon-style heated pool with a waterfall, waterslide, and hot tub, surrounded by ample living spaces, multiple screened-in porches, and a cabana outfitted with a TV and natural gas fireplace. The crowning jewel is the rooftop deck, offering breathtaking 360-degree views of the Gulf and Bay—perfect for sunsets or stargazing. Just steps from the sugar sands of the Gulf of Mexico, this property is a favorite among vacationers and an ideal investment opportunity. Additional highlights include a large theater room, an office nook, and stunning custom woodwork throughout. Whether you're seeking a profitable vacation rental or your private island retreat, this home offers unmatched luxury and charm. Schedule your showing today and step into your dream beachside lifestyle!
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:
$4,999,000
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 | $3,999,200 | $3,999,200 | $3,999,200 |
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 | 7.606% | 6.622% | 6.680% |
Monthly Tax Payment | $5,410 | $5,410 | $5,410 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $25,939 | $25,278 | $34,837 |
Total Monthly Payment | $31,474 | $30,813 | $40,372 |
* 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.