Unparalleled Grandeur in The Reserve at Tampa Palms. Experience the pinnacle of luxury living in the exclusive, gated community of The Reserve at Tampa Palms. This custom Alvarez estate stands as one of Tampa's largest and most extraordinary homes, blending timeless elegance with boundless potential. With 5 bedrooms, 6 full bathrooms, 3 half bathrooms, an office, a media room, an exercise room, and a versatile display room that can serve as a seventh bedroom, this masterpiece is designed to cater to your every need. A Car Enthusiast’s Dream—For automotive aficionados, this property delivers. A gated side entry leads to a private garage perfect for a small car or golf cart, complemented by a stand-alone 3-car garage, an attached 2-car garage with a 3rd stall for storage, and a car park accommodating 10+ vehicles. An Exquisite Design - A grand porte-cochère and custom wood doors open to soaring two-story ceilings, a sweeping oak staircase, and refined living and dining areas. The gourmet kitchen, featuring top-tier appliances and ample counter space, overlooks a breathtaking family room with a 25-foot tongue-and-groove ceiling, a two-story stone fireplace, and a glass-encased elevator—an entertainer's paradise. The first-floor primary suite is a sanctuary, offering a sitting area, wet bar, and an opulent 900+ sq. ft. spa-like bathroom with a glass block shower, oversized tub, dual vanities, and private sauna access. Secondary bedrooms include Jack-and-Jill layouts, a fourth bedroom with a private bath and sitting area, and a stately office adorned with cherry wood-paneled walls, hardwood floors, and custom built-ins. Upstairs, a second primary suite features a private bathroom, sitting area, and a sunroom leading to an expansive balcony. Three versatile trophy rooms are perfect for a gym, media room, or playroom, while the western-style bar steals the show with exposed beams, a custom full bar, a fireplace, and saloon-style doors—ideal for entertaining in grand style. Step outside to your private oasis, complete with a resort-style pool, spa, two-story screened lanai, and an outdoor kitchen. Whether hosting guests or enjoying tranquil evenings, this outdoor space offers endless possibilities. Conveniently located minutes from I-75, top-rated schools, premier shopping, fine dining, USF, and world-class medical facilities, this estate combines architectural brilliance with unmatched accessibility. This exceptional home invites you to reimagine and personalize it, creating a legacy of luxury for generations to come. Schedule your showing today and experience the unique elegance of this one-of-a-kind property!
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$1,650,000
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 | $1,320,000 | $1,320,000 | $1,320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.286% | 6.874% | 6.972% |
Monthly Tax Payment | $3,251 | $3,251 | $3,251 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,782 | $8,561 | $11,681 |
Total Monthly Payment | $12,157 | $11,936 | $15,056 |
* 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.