Under Construction. UNPARALLELED BEACH FRONT MASTERPIECE ON ANNA MARIA ISLAND!! Step into luxury with this stunning new construction home, situated on over a half acre lot with an impressive 80+ feet of gulf front! This architectural showpiece Spans over 8, 400 sq ft of indoor living with a total of 16, 000 sq ft including outdoor covered living areas. Featuring 8 beds and 8. 5 baths, private office, multiple indoor and outdoor living rooms, pool and spa oasis and 5 car garage, each space was thoughtfully designed with function and livability in mind, all overlooking one of the most beautiful beaches in the world. The open floor plan seamlessly connects living, dining, a gourmet kitchen, and outdoor spaces with panoramic views of the Gulf. The 2nd floor of living offers additional guest accommodations, another large space for entertaining and MORE spectacular views of the GULF OF MEXICO! Home will come completely furnished to the highest standard with designer lighting, elegant furnishings, and fashionable finishes through out. A true luxury compound for your family, offering tranquility, privacy and the epitome of a palatial seaside retreat. Measurements of rooms to be verified with Builder. Plans available. Buyer may be a part of selection process and final finishes to ensure everything is exactly as they imagine! Please call for details.
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Our Executive Mortgage Banker:
Our Insurance Division:
$31,750,000
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 | $25,400,000 | $25,400,000 | $25,400,000 |
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 | $3,813 | $3,813 | $3,813 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $173,273 | $166,860 | $226,531 |
Total Monthly Payment | $177,211 | $170,798 | $230,469 |
* 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.