Welcome to 118 Mangrove Ave, a slice of tropical paradise nestled in the heart of Anna Maria, Florida. Scheduled to be completed in June, this 4 bedroom, 4. 5 bath home will offer an unparalleled combination of luxury, comfort, and convenience.
Turnkey furnished and thoughtfully appointed; this home is ready to fulfill your every desire. Vaulted ceilings and an abundance of natural light create an airy ambiance throughout the spacious floor plan. Each bedroom is a luxurious en-suite sanctuary, providing privacy and comfort for all. Gather in the expansive great room, where custom artwork accents the walls and sets the stage for memorable moments with loved ones. The gourmet kitchen will feature high-end stainless-steel appliances and offers the perfect blend of style and functionality for culinary enthusiasts. An elevator awaits to bring you effortlessly between floors of this exquisite retreat. As you move outside, you will step into your own private oasis, where a lush tropical landscape adorned with vibrant foliage and enchanting landscape lighting surrounds an oversized swimming pool and spa. Whether you're unwinding with a refreshing dip or hosting unforgettable poolside gatherings, this outdoor haven sets the stage for endless enjoyment. You can also indulge your inner golfer on your very own putting green or savor the flavors of outdoor cooking in the summer kitchen, where culinary adventures await. With every detail meticulously crafted for relaxation and entertainment, this residence epitomizes the quintessential Florida lifestyle. One of the most unique features are the breathtaking views from the oversized rooftop deck, that offer panoramic vistas of both the gulf and bay. Perfect for soaking in stunning sunsets or stargazing under the night sky, this elevated retreat is a true gem.
Conveniently located within walking distance to shops, restaurants, and the charming trolley, this property will offer the best of both worlds: tranquility and accessibility. Whether you're seeking relaxation or adventure, 118 Mangrove Ave invites you to experience the ultimate in coastal living. Don't miss your opportunity to call this coastal retreat your own – schedule your private showing today and embark on a journey to luxury living in Anna Maria, Florida.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,695,000
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 | $4,556,000 | $4,556,000 | $4,556,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.274% | 6.723% | 6.932% |
Monthly Tax Payment | $1,015 | $1,015 | $1,015 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $30,311 | $29,173 | $40,316 |
Total Monthly Payment | $31,450 | $30,312 | $41,455 |
* 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.