16004 5th STREET E, Redington Beach, FL, 33708 | $3,850,000

Discover the pinnacle of coastal luxury living with this exceptional custom contemporary 3-story waterfront residence on the coveted Boca Ciega Bay poised at the end of cul-de-sac. This immaculate green home with 16MWp of solar generation, is a harmonious blend of contemporary architectural elegance, modern convenience, and provides a view of unparalleled natural beauty. Boasting 4 spacious bedrooms, 4 well-appointed baths, an amazing chilled and heated pool with spa, a dock with 2 lifts (25, 000 and 15, 000 pounds), this residence offers a sanctuary of comfort and opulence for both owners and guests. Each room provides an ambiance of refined sophistication and breathtaking water views. Upon entering, you'll be captivated by the amazing water views and grandeur that unfolds before you in the spacious wide open floor plan. The gourmet kitchen, an epicurean haven featuring an abundance of counter space, custom cabinetry, new Wolf double oven, new Bosch dishwashers, new cooktop and an inviting island that effortlessly transitions between casual family meals and lavish entertaining. The allure of the outdoors is seamlessly integrated through the wall of sliding glass doors, which frame breathtaking vistas of the Boca Ciega Bay. The home features a primary suite on the third floor, a bonus loft area that serves as a second living room and 2 additional bedrooms. Outdoor entertaining becomes a breeze with an elevator, offering a seamless fusion of indoor and outdoor living. The first-floor great room could also serve as an oversized in-law suite or Nanny quarters. Whether hosting an intimate gathering or a grand soirée, this home is a testament to luxury and leisure, where culinary delights are prepared and served against the backdrop of shimmering waters. Enjoy smart home features such as voice command lighting, blinds, garage door, AC and indoor/outdoor Sonos Sound System. From its prestigious location at the end of a cul-de-sac to its panoramic vistas, this home is a tribute to refined coastal living, where luxury, comfort, and natural beauty unite in perfect harmony. The home is a short walk or golf cart ride away to the Redington Beach Resident-Only Parking Area with beach access and John's Pass is a quick boat ride away.

Features

  • Elevator: Y
  • Rooms: 4
  • Bedrooms: 4
  • Baths: 4 full
  • Lot Size: 81 x 105
  • Laundry: Laundry Room
  • Style: Contemporary
  • Year Built: 2003
  • Garage: 2-car Oversized
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 4,273
  • Acreage: 0.18
  • Lot Size: 81 x 105
  • Est. Taxes: $15,183
  • HOA Fee: $25 Annually
  • Lot Desc: Cul-De-Sac
  • View: Water
  • Elem. School: Bauder Elementary-PN
  • Middle School: Seminole Middle-PN
  • High School: Seminole High-PN
  • Pool: Auto Cleaner, Gunite, Heated, Lighting, Salt Water
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Convection Oven, Cooktop, Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Freezer, Microwave, Refrigerator, Trash Compactor, Washer, Water Purifier, Water Softener
  • MLS#: U8224036
  • Days on Market: 121 days
  • Website: https://www.raveis.com
    /eprop/U8224036/160045thstreete_redingtonbeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/15/2024 10:32:13 AM)

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NMLS Mortgage Loan Originator ID 2166562

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Our Insurance Division:

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16004 5th STREET E, Redington Beach, FL, 33708

$3,850,000

Melvin Ramos

Licensed Real Estate Salesperson

William Raveis Real Estate

Phone: 917.242.0180

Melvin.Ramos@raveis.com

Brian Shahwan

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 302.293.7433

Brian.Shahwan@raveis.com

NMLS Mortgage Loan Originator ID 2166562

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,080,000 $3,080,000 $3,080,000
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 $1,265 $1,265 $1,265
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $21,011 $20,233 $27,469
Total Monthly Payment $22,401 $21,623 $28,859

* 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.