This is a once-in-a-lifetime opportunity to own the crown jewel of Florida's west coast. Nestled on an exclusive island, this property spans 1. 35 acres and includes a private beach with endless views of aqua blue waters. When you dream of living the Florida lifestyle, this estate is truly what you envision. Accessible only by boat, this Polynesian-style waterfront sanctuary promises complete seclusion and tranquility amidst lush, tropical vegetation. Elevated 18 feet above sea level, it boasts raised walkways and separate bedroom buildings, ensuring plenty of space. With five bedrooms and five and a half baths, this home captivates with its beauty and thoughtful design. Embracing natural materials and an open, airy layout, the home harmonizes with its tropical surroundings. The main home has four bedrooms and four and a half bathrooms. The newly renovated kitchen combines modern elegance and functionality, with crisp white cabinets, sleek quartz countertops, and a large center island that serves as the focal point. This kitchen island is the perfect place for meal preparation and casual dining, overlooking the adjoining living room. Extensive sliding glass doors flood the area with natural light, ensuring a seamless connection to the outdoor space. The primary bedroom is a luxurious haven featuring a dedicated seating area with a bar and wine fridge. Expansive windows offer breathtaking views of Sarasota Bay, creating a serene and light-filled ambiance. The elegant en suite bathroom includes a walk-in shower and a soaking tub, ensuring a spa-like experience for comfort. Screened-in porches and wrap-around decks create the perfect spots for unwinding. The property also includes a new pool and spa with a sun shelf, perfect for spending a day soaking up the Florida sun. A large deck overlooks the picturesque tropical blue waters and Jewfish Key Sandbar. Additionally, the private dock with jetski lift offers convenient access to the water, ideal for water enthusiasts. Spend the day fishing, kayaking, and snorkeling—the possibilities are endless. Just a few minutes by boat to Longboat Key or Anna Maria Island for anything you might need. Jewfish Key is a privately owned 38-acre island situated in the Intracoastal Waterway and the mouth of Sarasota Bay. Whether you're seeking adventure, looking for an investment, or simply wish to unwind, this magical retreat has something for everyone. This home epitomizes island living at its finest. Discover the unparalleled beauty and serenity of this exceptional estate.
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Our Executive Mortgage Banker:
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$6,750,000
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 | $5,400,000 | $5,400,000 | $5,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $2,830 | $2,830 | $2,830 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $35,024 | $34,577 | $47,412 |
Total Monthly Payment | $37,979 | $37,532 | $50,367 |
* 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.