Welcome to the distinguished Grosvenor building, located in the heart of the exclusive Pelican Bay community and just a short stroll to the Pelican Bay Private Beach Club.
Generous living areas filled with natural light from large windows and the rare 2 garage parking spots. The layout has been thoughtfully modified, with the third bedroom transformed into additional open living/den space, creating an airy and inviting atmosphere. This area offers flexibility and can be easily reconverted to a private bedroom to meet your lifestyle needs. The current design balances comfort and elegance, featuring ample room for relaxation and entertainment. The living and dining areas flow seamlessly, alongside a functional kitchen that awaits your custom touch.
Perched on the 15th floor, the condo offers breathtaking views of the surrounding water and preserve space, providing a serene backdrop for your daily living experience. Although some buyers may envision renovating to modernize the space, it's clear that the home has been meticulously maintained, ensuring a solid foundation for any refurbishment plans.
Living in Pelican Bay sets a standard for luxury and exclusivity. Residents enjoy private access to pristine beaches, complete with Gulf-front dining options and picturesque boardwalks. The community offers a 27-hole golf course and two top-tier tennis facilities for sports enthusiasts. Culinary delights await at three Gulf-front restaurants, each with a unique ambiance and menu. A state-of-the-art Fitness and Wellness Center is available to support a healthy lifestyle. Pelican Bay is renowned for its vibrant community spirit, offering a variety of social and recreational activities.
There are a number of things that make this unit a great investment but here are a few noteworthy highlights:
HEAD ABOVE THE CLOUDS. . . being on the 15th floor provides outstanding views across the Gulf and preserves for gorgeous sunsets and expansive greenery.
LIVING IN A PARK . . . impressive lush setting with the renovated, open atrium.
GENEROUS SPACES. . . this floor plan showcases expansive rooms all around for room to spread out.
STORAGE AT ITS BEST. . . private, air conditioned storage right outside the front door in addition to the abundance of storage inside the condo.
AMAZING AMENITIES. . . Pelican Bay is known world-wide for the impressive amenity offering including two private beach front clubs with dining and beach services and this property is walking distance to the south beach club.
VERSATILITY GALOUR. . . opening up the 3rd bedroom created a large living and entertainment space. . . but you could easily re-install the two walls to add the bedroom back.
PREMIUM PARKING. . . rare opportunity to own a condo with two assigned parking spaces.
IMAGINE THE POSSIBILITIES. . . this well cared home offers the perfect opportunity to modernize it just as you would want it instead of compromising on someone because of someone else's tastes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,289,000
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 | $1,031,200 | $1,031,200 | $1,031,200 |
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 | $633 | $633 | $633 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,688 | $6,518 | $8,983 |
Total Monthly Payment | $7,446 | $7,276 | $9,741 |
* 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.