Discover the pinnacle of coastal luxury at 50 Lighthouse Point Drive, an extraordinary estate nestled in the exclusive gated community of Lighthouse Point. A 13-acre community with only 16 estate homes on Longboat Key. This residence on over 3/4 of an acre spans over 7450 square feet of living space, completely renovated beginning in 2015, offering six bedrooms, six-and-a-half baths, a game room, and a loft /study. The open-concept design embraces breathtaking panoramic water views from all sides, featuring three oversized floor-to-ceiling angles windows that frame the Gulf of Mexico, New Pass and Sarasota Bay. This unique personal resort-style residence features its own private beach & deck ideal for sandcastle building contest, a lush sprawling lawn to host a game of touch football and a new large pool & spa to cool down while enjoying a barbecue made in your new outdoor gourmet kitchen. Even the boaters can enjoy their very own private boat dock that can accommodate a 38 ft. boat & a set of jet skis! A tennis/pickle ball court is another Lighthouse Point amenity. Done with the outside, step inside to find an elegant entry foyer leading to a seamless flow between the living and family room both with soaring ceilings and expansive spaces create a sense of grandeur. The main living area highlights the updated primary bedroom suite and two additional bedrooms, an open bar with walk-in wine room, activity room large enough for a pool table, sitting area & wet bar. The gourmet kitchen with a center island is situated ideally for entertainment. The 3 -car side-entry garage has extra storage and new hurricane doors. A striking circular staircase with curved glass accents ascends upstairs to three large guest suites with en-suite baths plus a loft office/study with water views. Updates in the first half of 2024 include installation of a new flat tiled roof and hurricane-impact windows and doors. Additional storm protection measures include the concrete block construction and a seawall and sea groin on the beach. Become a member of the Longboat Key Club conveniently located next door to Lighthouse Point. Membership can offer 45 holes of golf, tennis and pickleball courts, five exceptional dining venues, a spa & fitness center, beach club and hotel suites. This is your rare opportunity to own a private beachfront estate that seamlessly combines luxury, location, and lifestyle.
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Our Executive Mortgage Banker:
Our Insurance Division:
$13,950,000
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 | $11,160,000 | $11,160,000 | $11,160,000 |
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 | $5,305 | $5,305 | $5,305 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $74,248 | $71,459 | $97,984 |
Total Monthly Payment | $79,678 | $76,889 | $103,414 |
* 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.