164 1st STREET E, Boca Grande, FL, 33921 | $8,950,000

Welcome to an extraordinary coastal residence in the historic village of Boca Grande, where refined luxury meets casual maritime charm. This meticulously crafted home spans an impressive 5, 036 square feet, offering four bedrooms, an additional first floor den/office/bedroom and five bathrooms in a setting that epitomizes small island living.

The heart of this remarkable residence showcases a thoughtfully designed open floor plan, where custom woodwork and oak flooring create an atmosphere of timeless elegance. The gourmet kitchen stands as a culinary masterpiece, featuring professional-grade appliances including a Subzero refrigerator, a 4 burner Wolf stove with griddle, Miele wall oven, and an Asko dishwasher. A custom-designed breakfast bar, walk-in pantry, and an innovative Miele coffee bar cater to both daily living and elegant entertaining.

Wine connoisseurs will appreciate the climate-controlled wine closet, complemented by a sophisticated custom built wooden curved bar featuring a wine cooler, ice machine, custom cabinetry and a rustic live-edge topper. The family room's LED constellation lighting creates an enchanting ambiance, while multiple outdoor porches and living spaces, including an outdoor fireplace, invite seamless indoor-outdoor living.

Practical luxury abounds with an elevator, impact glass windows and doors, Hardi Plank siding, and a metal roof ensuring both comfort and security. The oversized garage accommodates both vehicles and a golf cart, perfect for exploring the charming village surroundings. The private den/office/bedroom, separate formal dining room, library, and bonus room offer versatile spaces for work and leisure.

For maritime enthusiasts, the property's 80’ dock with a 10, 000-pound lift provides direct access to Florida's pristine waters. The home's location, mere steps from Boca Grande's boutique shops and restaurants, offers the perfect blend of privacy and accessibility.

Thoughtful additions like electric screens, a hidden wall safe nook, custom closet wooden built-ins, pocket doors, Plantation shutters, motion detection lighting, and innovative storage solutions demonstrate the meticulous attention to detail throughout this exceptional property. This residence stands as a testament to luxurious coastal living, where every element has been carefully considered to create an unparalleled living experience.

Features

  • Rooms: 11
  • Bedrooms: 4
  • Baths: 5 full
  • Lot Size: 80 x 148
  • Laundry: Laundry Closet
  • Style: Coastal
  • Year Built: 2018
  • Garage: 2-car Circular Driveway, Garage Door Opener, Garage Faces Side, Golf Cart Garage, Golf Cart Parking, Ground Level, Split Garage
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 5,036
  • Acreage: 0.27
  • Lot Size: 80 x 148
  • Est. Taxes: $34,069
  • Lot Desc: FloodZone, Near Marina, Unincorporated
  • Elem. School: The Island School
  • Middle School: L.A. Ainger Middle
  • High School: Lemon Bay High
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Convection Oven, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer, Wine Refrigerator
  • MLS#: D6139608
  • Days on Market: 0 day
  • Website: https://www.raveis.com
    /eprop/D6139608/1641ststreete_bocagrande_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/18/2024 9:06:30 PM)
Listing courtesy of Sotheby's International Realty   Phone: 941-964-0115

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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164 1st STREET E, Boca Grande, FL, 33921

$8,950,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $7,160,000 $7,160,000 $7,160,000
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 $2,839 $2,839 $2,839
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $46,440 $45,256 $62,371
Total Monthly Payment $49,404 $48,220 $65,335

* 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.