Looking for the true Island lifestyle? Old Florida coastal charm awaits you directly on Bimini Bay located on North Anna Maria Island! This 4BR, 3. 5BA elevated custom home is perfect for entertaining with large open spaces and a light airy ambience. Enjoy your favorite beverage on the second or third level balconies while you wind down your day as the sun lazily sets over the water. Inside you will find a chef's inspired kitchen with a 6-burner Jenn-Air gas range and double-oven, an oversized custom granite island with wine racks, cold wine storage, and a Jenn-Air refrigerator/freezer - perfect for those kitchen gatherings! Two guest rooms are located on the main living floor, while the master suite with an extraordinarily large bathroom and walk-in closet can be found on the third level, along with a separate sitting area and wet bar. Another bedroom can also be found on the third level. Your private elevator launches from the garage all the way up to the third level - so no worries there! The ground floor contains an over-sized 2-car garage, workshop, and indoor cabana overlooking the pool/spa area with summer kitchen. From the pool, you walk out through the lush tropical fauna onto your custom dock, where you will find a 16, 000lb boat lift and launch area for your bay boat, personal watercraft or paddleboards/kayaks. This private home is located on a cul de sac - yet is within close proximity to restaurants, the Anna Maria City Pier and Beach, the Galati Marina, and world famous Pine Avenue.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,995,000
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 | $3,196,000 | $3,196,000 | $3,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.877% | 7.014% | 7.041% |
Monthly Tax Payment | $3,647 | $3,647 | $3,647 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,802 | $20,995 | $28,504 |
Total Monthly Payment | $25,574 | $24,767 | $32,276 |
* 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.