Enjoy Gulf views from this stunning new home! Designed by Stofft Cooney architects, brought to life by Stock Custom Homes, and beautifully appointed/furnished by Ficarra Designs this property offers immediate enjoyment. The ideal location offers a full size lot with sunny, southern exposure on the pool area, almost immediate access to the beach, and a quick ride to the fine dining/shopping of the historic 3rd St South district. Fantastic club room/lounge with bar area offers great vistas of the Gulf of Mexico. There are a total of 6 bedrooms, with the master and one guest bedroom on the first level; elevator access to all levels including the garage. There are 4 bedrooms on the second level, additional laundry facilities, bonus living area with wet bar and gracious loggia again offering incredible sunset beach views. The 3. 5 garage bays provide the opportunity for car lifts as well; the two bay bay garage is located at the front of the home while the 1. 5 bay garage loads off of the rear alley. Without question a very unique offering in the marketplace today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$17,945,000
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 | $14,356,000 | $14,356,000 | $14,356,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.799% | 6.876% | 6.850% |
Monthly Tax Payment | $3,480 | $3,480 | $3,480 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $95,511 | $93,113 | $126,045 |
Total Monthly Payment | $99,116 | $96,718 | $129,650 |
* 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.