Build your coastal dream home on a sprawling . 72-acre homesite. This lot is situated at the end of a cul-de-sac in the distinguished enclave of Tolomato River Farms Development located in Vilano Beach. This rare offering promises an idyllic canvas for your custom design, set against the backdrop of Florida’s captivating beauty. This inviting lot offers sweeping views that span from the verdant marshes to across the expansive Intracoastal Waterway with potential views of the glistening Atlantic Ocean. Here, your envisioned custom home can rise in harmony with the elements, inspired by the timeless charm of Key West and the refined elegance of Coastal architecture. Envision a multi-level home, thoughtfully designed as a two-building structure residence, each containing a fully-equipped kitchen. Ideally suited for an enriched multigenerational experience or potential short-term rentals, where expansive terraces and windows showcase the natural beauty surrounding you. Residents of Tolomato River Farms enjoy an intimate community atmosphere with the luxury of convenience at their fingertips. The newly redeveloped Vilano Beach Town Center, a hub of residential services and amenities, is mere moments away. Indulge in local shopping, savor fine dining, or relax in the sun with accessible beach entrances. 117 San Paleyo is not just a plot of land; it's a canvas for your architectural dreams, a place where every detail can reflect your vision, grounded in the tranquility and natural splendor of coastal living. Let this be the space where you bring your dream home to life, surrounded by the timeless serenity of Vilano Beach. Where every sunrise and sunset can be savored from the comfort of your own coastal retreat.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$790,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $632,000 | $632,000 | $632,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,152 | $4,200 | $5,376 |
Total Monthly Payment | $4,244 | $4,292 | $5,468 |
* 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.