Indulge in the epitome of luxury living with this impeccably renovated 2700 sq foot Penthouse Condo nestled within the exclusive resort-style enclave of The Hammocks in Cape Haze. Set in the most secluded edifice within the community, this condo offers breathtaking waterfront vistas, setting the stage for a life of unparalleled opulence. Step into a realm of refined elegance as you pass through the gated entrance of The Hammocks, where every day feels like a lavish retreat. Tucked away on a tranquil cul de sac, this Penthouse boasts the utmost privacy, ensuring a sanctuary of serenity. Ascend via private elevator to the Penthouse level, where only two elite residences reign supreme. Through the grand entrance, a sumptuous formal foyer sets the tone for the lavish interiors beyond. Entertain in style within the expansive open-plan layout, featuring a palatial living room, versatile flex space ideal for an office or sitting area, and an expansive formal dining room adjacent to the chef’s kitchen, adorned with top-of-the-line appliances and designer finishes. Expanding your living space seamlessly, floor-to-ceiling impact glass sliders lead to an expansive 31 x 18 Ft Lanai, perfect for al fresco gatherings year-round, with vinyl sliders ensuring comfort in any weather. The mesmerizing waterfront vistas create an ambiance of tranquility rarely found in condominium living. Luxury abounds throughout, with upgrades including premium flooring, designer ceilings, fresh interior paint, and state-of-the-art appliances. A built-in dry bar with ice machine adds to the allure, while indoor laundry facilities offer convenience and ample storage. Retreat to the master suite overlooking the picturesque lake, where dual sinks, a rejuvenating garden tub, and a walk-in shower await in the spa-like ensuite. Three additional well-appointed bedrooms, one with its own ensuite bathroom, ensure every guest feels pampered. Outside your door, indulge in a wealth of amenities including a heated pool and spa, tennis and pickleball courts, and a clubhouse, all within easy reach of marinas and the Palm Island Ferry. A short drive brings you to the pristine shores of Boca Grande and Englewood Beaches, completing the resort-style living experience. Experience the ultimate in maintenance-free living with condo fees covering insurance, cable, water, trash, and sewer, allowing you to embrace every moment of luxury without a care in the world. Welcome to The Hammocks, where every day feels like a getaway to paradise.
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Our Executive Mortgage Banker:
Our Insurance Division:
$625,000
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 | $500,000 | $500,000 | $500,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.623% |
Monthly Tax Payment | $78 | $78 | $78 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,411 | $3,369 | $4,321 |
Total Monthly Payment | $3,581 | $3,539 | $4,491 |
* 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.