This exceptional estate in Port Royal, set on 1. 5 expansive lots, boasts 180 feet of prime waterfront with unparalleled bay views. A true paradise for boating enthusiasts, the newly constructed dock accommodates a 100-foot yacht, offering direct access to the Gulf without bridges. As you drive up the long brick-paved driveway, you'll be greeted by a grand entrance with immediate views of the pool and sparkling bay. The luxurious master suite is a true sanctuary, featuring a cozy fireplace, a private sitting room, an office, and sweeping water views. The spa-like master bath is a retreat, with generous walk-in closets and sophisticated finishes. The open-concept design, with soaring ceilings and seamless room-to-room flow, includes a formal dining room, a spacious family room with an additional fireplace, and a media room perfect for unwinding. The expansive Florida room and eat-in kitchen with a bar area all highlight the breathtaking waterfront vistas. With four additional guest bedrooms, each with its own en-suite bath, this home offers abundant space for family and friends. A large, air-conditioned 3-car garage with elegant tiled floors adds to the convenience and luxury. Plus, the garage features a private one-bedroom butler's apartment with a full bath. The meticulously landscaped grounds are an oasis, featuring a marble patio, a pool and spa with a pool bath and outdoor shower, all drenched in sunlight throughout the day. The property also includes a 70+ foot floating dock, providing easy access to the water. Additional highlights include a roof in excellent condition and immediate eligibility for membership in the prestigious Port Royal Club. This home perfectly blends the best of Florida living with unmatched elegance, luxury, and stunning waterfront views.
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Our Executive Mortgage Banker:
Our Insurance Division:
$26,997,500
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 | $21,598,000 | $21,598,000 | $21,598,000 |
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 | 7.606% | 6.622% | 6.680% |
Monthly Tax Payment | $8,013 | $8,013 | $8,013 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $140,084 | $136,514 | $188,142 |
Total Monthly Payment | $148,222 | $144,652 | $196,280 |
* 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.