You’ll love to entertain guests and marvel at the tranquility of water views at this one-of-a-kind classic Key West home on Philippi Creek Bayou. Enter through the mahogany doors and you will be thrilled to see soaring cathedral ceilings allowing natural light and life into the home. The home offers expansive water views from most rooms. It will be easy to relax on the outside deck facing beautiful sunsets. Enjoy the Key West coral fireplace on cooler nights and marvel at the stunning natural maple hardwood floors found throughout the home. The chef’s kitchen will inspire the family cook to host events for every occasion with stainless appliances, stainless chef's cooking area and quartz countertops that enhance the marine feel in this home. The wrap-around bar is sure to promote warm memories while cooking and entertaining. The enormous primary suite features its private balcony with water view, charming gas fireplace and bay windows. En-suite bath features vanities and spa tub to relax in after the beach. There is dedicated office space for those who work from home or want a private study area for the kids. The upper-level features four bedrooms, a balcony and two full baths. The lower level features a huge entertaining area perfect for the growing family (think kids play area or gym) and pool bath which is ideal for hosting large gatherings. The private open pool area sits at the edge of the water with long peaceful views of the canal. The fun does not end on dry land. At the water, there is a kayak launch, jet ski floats and a new composite boat dock with a 13, 000-pound lift to fulfill your captain’s or angler’s dreams. Just minutes to Philippi Shores Elementary and Riverview High School makes this home ideal for the growing family that loves the outdoors. A treasured Suncoast oasis to live out the waterfront lifestyle, this private unique estate is everything you’ve wanted and more.
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Our Executive Mortgage Banker:
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$2,000,000
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 | $1,600,000 | $1,600,000 | $1,600,000 |
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 | $757 | $757 | $757 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,645 | $10,378 | $14,159 |
Total Monthly Payment | $11,527 | $11,260 | $15,041 |
* 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.