Auction Property. AUCTION: Bid June 12–25 | Listed for $9. 5M | No Reserve | Showings Sat & Sun 1-4 PM & by appointment | This luxurious modern home is the last residential home built by the illustrious designer Carl Abbott and was completed in 2019 by Michael K. Walker. The home features the finest finishes and materials, creating a beautiful canvas for residents to make it their own. The spacious kitchen and dining room have a wall of windows overlooking the Gulf of Mexico. The interior has clean, modern lines and sleek design with Gulf views from all of the main rooms. A patio off the living room is perfect for enjoying a cup of coffee or morning cocktail while enjoying the waterfront breeze. The primary suite has a private balcony and an ensuite bathroom with a soaking tub. This beach paradise is located on Casey Key, one of the most exclusive neighborhoods in Nokomis. The contemporary aesthetic perfectly compliments the surrounding natural beauty of the seashore. Conveniently positioned between Venice and Sarasota, private and commercial air travel is easily accessible. Restaurants, shopping, marinas, golf and tennis are all just minutes away.
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$9,500,000
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 | $7,600,000 | $7,600,000 | $7,600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.128% | 7.061% |
Monthly Tax Payment | $7,984 | $7,984 | $7,984 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $51,203 | $50,563 | $67,781 |
Total Monthly Payment | $59,312 | $58,672 | $75,890 |
* 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.