Located within the gated community of Boca Grande Isles, this exquisite four-bedroom, five-and-a-half-bathroom waterfront residence underwent a clever two-year transformation involving redesign and reconstruction. Designed for ease of maintenance, the property is equipped with impact windows, a standing-seam metal roof, cement board siding, and Ipe decking, ensuring aesthetic appeal and longevity. The home boasts panoramic water views stretching across the horizon and exuding a timeless feel with vaulted ceilings and custom finishes throughout. The heart of the home presents an open layout that seamlessly blends the living, dining, and kitchen areas. The gourmet kitchen features a 6-burner gas range, custom cabinetry, and a gracious center island. With the harbor as the backdrop, the space is perfect for entertaining. The great room over the garage is complete with a wet bar, beverage cooler, and a private bath. It offers versatility as an office, an in-home gym, a game room, or a private suite. On the main level of the home, the primary bedroom offers a front-row seat to stunning sunrises, the perfect beginning to each new day. It’s complemented by a spectacular ensuite bathroom featuring a soaking tub and a large walk-in shower. Each of the additional bedrooms are located on the opposite side of the home, ensuring optimal privacy and comfort for family and friends. Thoughtfully designed, these ensuite retreats ensure everyone will feel pampered in their own private oasis. The outdoor living space rivals the interior's allure. The serene waterfront setting creates a haven of tranquility that lends itself perfectly to relaxing by the infinity pool or curling up with your favorite book on the screened porch. This impeccably maintained home is part of the charming community of Boca Grande on Gasparilla Island, where quaint charm prevails amidst the absence of high rises and traffic lights. While cars are allowed, residents here favor modes of transportation such as bikes, golf carts, and leisurely strolls along dedicated pathways. Outdoor enthusiasts will embrace the sunshine, pristine beaches, and abundant fishing options. With quick golf cart access to the village and the beach, this home presents an unparalleled opportunity to capture the true essence of the Boca Grande lifestyle. Paradise found.
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$11,250,000
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 | $9,000,000 | $9,000,000 | $9,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.200% | 6.748% | 6.786% |
Monthly Tax Payment | $6,607 | $6,607 | $6,607 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $59,877 | $57,628 | $79,019 |
Total Monthly Payment | $66,609 | $64,360 | $85,751 |
* 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.