Welcome to this slice of paradise that is situated on nearly one acre with full bay views and beyond. Just a 10-minute boat ride to the Gulf of Mexico. A property that did not get any flooding from the recent hurricanes. As you enter through the wrought iron gates, you will work your way down a winding paver driveway adorned with lush royal palm trees, arecas, and grand oaks. The main entrance has a beautiful fountain, and a 7-car covered newly built tiki parking area. Upon entering this stunning home, your eyes take you right to the bay views that adorn this 101-foot-wide lot. Lounge in the oversized living area or make your way to the custom kitchen complete with 2 eating areas that allow you to take in all the views of the bay. It is a perfect set-up for entertaining around the kitchen island. There is a 48” Wolf gas stove, 48” Sub-Zero fridge, coffee maker, wine fridge, two drink fridges, and the list goes on. The counters are a stunning array of colors that enrich the dark cabinets. Lots of sliders allow you easy access to the custom outdoor kitchen. Moving through the house, you come to a separate dining room with another complete kitchen that can be used for parties or for a family member living at home. A private drinking area is a relaxing spot to stop after a busy day. There is an additional den/office off the second kitchen and comes complete with an en-suite bedroom and bath that can serve many functions. The wrought iron rails lead you up the stairs to 3 additional bedrooms and the owner's suite wing, which can also be accessed via an elevator in the main foyer area. The owner's suite is complete with two walk-in closets and a workplace in the larger closet. Enjoy a steam shower in the oversized shower or relax in your freestanding tub and take in the sunset. The owner's suite is laid out to take in the stunning sunsets. There is a mini kitchen that is complete with a wine fridge, dishwasher, fridge, and Wolf induction cooktop. Sliders take you out to a beautiful, updated deck and patio area with a spiral staircase that will take you down to the pool area and tiki hut on the water. Enjoy complete privacy by the oversized pool or sit down by the water on the paver deck area. Maybe you want to jump into your boat and go have dinner at a restaurant on the water or just head over to the beach. The sky is the limit with this property. There is also enough room to add an additional structure. Just recently appraised at $5. 3 million. Make your appointment to see this beautiful home.
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$4,980,000
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 | $3,984,000 | $3,984,000 | $3,984,000 |
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 | $1,407 | $1,407 | $1,407 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $25,840 | $25,510 | $34,979 |
Total Monthly Payment | $27,372 | $27,042 | $36,511 |
* 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.