One or more photo(s) has been virtually staged. Pre-Construction. To be built. TO BE BUILT: Introducing a Boater's Paradise in the Heart of Madeira Beach! Nestled along the Intracoastal Waterway at 852 Bay Point Dr, this exquisite residence is a forthcoming masterpiece by the esteemed LUBKE Construction. Embrace the allure of coastal living with unparalleled luxury, where strength meets reinforcement in every detail. Key Features: • Bedrooms: 4 • Bathrooms: 4 • Square Footage: 4, 000 sq ft • Build Cost: $2, 150, 000 Premier Builder - LUBKE Construction: Experience the epitome of custom luxury with a home meticulously crafted by LUBKE Construction. Renowned for our commitment to strength through reinforcement, we bring innovation and excellence to every corner of this waterfront haven. Boater's Paradise: Indulge in the boating lifestyle with direct access to the Intracoastal Waterway. Elevated decks provide panoramic views of the water, creating a serene retreat for relaxation and entertainment. FEMA Compliant Design: Rest easy knowing your investment is secure. This To Be Built home will meet all FEMA requirements, combining elegance with safety to withstand the coastal environment. Custom Kitchen and Fine Line Appliances: The heart of this home is a chef's dream. Immerse yourself in a gourmet kitchen featuring custom cabinetry, fine line appliances, and a design that seamlessly blends functionality with sophistication. Location, Location, Location: Situated in Madeira Beach, enjoy the convenience of proximity to John's Pass, renowned restaurants, and premier golf courses. This residence offers not just a home, but a lifestyle. Secure Your Slice of Coastal Elegance: Anticipate the extraordinary and adapt to a new standard of luxury living. Join us in the journey of creating a home where every detail is a testament to LUBKE's dedication to tenacity, service, and innovation. Contact us to be a part of the design process and make this coastal dream your reality. Strength through Reinforcement - Welcome to 852 Bay Point Dr, Madeira Beach, FL 33708. Please note that renderings posted are for inspirational purpose and can be changed based on buyer needs and builder plans.
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $2,740,000 | $2,740,000 | $2,740,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 6.851% | 6.915% |
Monthly Tax Payment | $1,065 | $1,065 | $1,065 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $18,460 | $17,772 | $24,247 |
Total Monthly Payment | $19,650 | $18,962 | $25,437 |
* 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.