Welcome to "THE PEARL”… a very special pearl of a home indeed. If you have been looking for "The ONE", this is it! Tucked away in a small gated tropical enclave, this property is the epitome of pure paradise. Built in 2018 by a Parade of Homes Custom Builder for their own personal residence, this original owner home has the best of the best incorporated into each detail from the architecture & workmanship to the phenomenal floor plan. The FULLY FURNISHED home has a PRIVATE ELEVATOR that will take you up to the main floor living area where every inch of space is utilized through intentional design. There are 3 EN SUITES in the home encompassing 5 BEDROOMS & 4 BATHROOMS sleeping 14 in total so all your family and friends will have their own private retreat space. The kitchen is the heart of the home featuring gorgeous low maintenance quartz countertops and a large center island with built in beverage cooler. No lack of storage with the abundant cabinetry, built in pantry cabinets and walk in closets in every bedroom. The dining area is accented by 2 walls of windows so the view of the sky is incorporated into the room like a rotating carousel of nature’s artwork. The living room is the central hub with pocketed glass sliding doors that completely open up onto the screened-in balcony overlooking the pool seamlessly integrating the outdoors and indoors into one. LVP waterproof flooring flows throughout the entire home for easy cleaning & maintenance. Relax in the heated saltwater pool with plenty of space on the paved lanai decking for everyone to have their own lounging area. The SUPER LARGE 1324 sq ft garage space is really a WOW factor and has “drive through” accessibility featuring both a front garage door plus 2 additional rear doors. The garage acts as a functional living space extension of the home that is perfect for parties, events & neighborhood get togethers, complete with a mini kitchen countertop and refrigerator. Pines on the Bay is a unique secluded gated community with low HOA fees ($400 a year), NO CDD fees and offers a RV or Boat outdoor storage spot for only $50 a year. For the boaters or kayakers there is a private community boat launch just across the road PLUS the larger public boat launch is just around the corner. Just one bridge with quick access onto Lemon Bay and then onto the Gulf of Mexico. A fantastic location not far from many shopping and dining options. Just under 10 miles to the Boca Grand Causeway and just a 3 mile drive to the stunning sandy beaches along Manasota Key. Make your appointment to view this exceptional tropical resort feel home today!
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Our Executive Mortgage Banker:
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$1,200,000
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 | $960,000 | $960,000 | $960,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.760% | 6.806% |
Monthly Tax Payment | $718 | $718 | $718 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,307 | $6,147 | $8,429 |
Total Monthly Payment | $7,150 | $6,990 | $9,272 |
* 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.