On the north end of beautiful and exclusive Longboat Key, Florida rests an historic enclave that is a true gem, called Longbeach Village. It’s a community of friendly residents that exudes a palpable warmth that goes beyond the warm breezes of this magnificent island. It’s an atmosphere that is exclusive to only this part of Longboat Key. And within this community there is an opportunity to possess another true gem… 625 Jackson Way. This elevated home is brand new as of July 2024 and boasts magnificent direct water views and beautiful sunsets from nearly every part of the house. The home has multiple expansive living areas both inside and outside where you will be able to view manatees playing in the bayou, pelicans fishing, and osprey and eagles soaring. Grab your kayak/stand-up paddle board and just walk right across the street and drop in. There is a community boat launch just two minutes away. When you enter the main living area and see and feel the quality of the workmanship, the thoughtfulness of materials and design, you’ll know you are in a special place. The home has an organically coastal feel and contains elements that are tastefully and timelessly unique, obviously chosen with great care and thought. The open concept main living area includes a chef’s kitchen with Thermador appliances, including a beverage fridge. The 6-burner gas range has a restaurant look and feel. The large island could seat as many as 8. The finishes are exceptional and are a delight to the eyes. The living area is large with a gas burning fireplace set into a shiplap wall. The master bedroom suite has a triple pane slider that opens to a patio allowing you to wake to a dreamy water view. There is a large pantry, powder room, and a laundry that rounds out the main living level. The third floor has two lovely ensuite bedrooms, one with a triple pane slider that opens to another patio overlooking the water. The main event of the third floor is an amazing bonus room with unmatched elevated water views. The home also includes an elevator for added convenience. Invite the outdoors in with a pocketing slider from the kitchen to a beautiful screened-in patio that looks over a generous pool and pool deck. It’s an entertaining dream. The first level offers two tandem garages big enough for 4 cars or any “toys” you want to bring. There’s room for a home gym, or wine cellar and extra storage. Walk to restaurants. Walk to the beach. Walk to the bay. There are so many things to love about this home. The home is situated on the subdivisions’ corner lot offering permanent water views to the front, preserved greenspace to the rear, and significant mature foliage, ensuring tranquility for the future. You won’t want to miss this opportunity!
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William Raveis Mortgage, LLC
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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 | $2,796,000 | $2,796,000 | $2,796,000 |
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 | $717 | $717 | $717 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,602 | $17,903 | $24,549 |
Total Monthly Payment | $19,444 | $18,745 | $25,391 |
* 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.