$199, 000 REDUCTION This magnificent contemporary waterfront home is situated on the open waters of Tierra Verde. The residence, resembling a new construction, features five bedrooms and five and a half baths within its expansive 4400 heated square feet, all set on a lot exceeding three-quarters of an acre. Upon entering, the foyer leads to a living/dining area abundant with water views. A floating staircase and an all-glass wine cellar enhance the main living space's allure. The kitchen/great room continues the theme of impressive water vistas. The kitchen, a chef's delight, boasts European-style cabinetry, stainless steel appliances, and an induction range with a downdraft venting system. It seamlessly transitions into the great room and breakfast nook, both framing the stunning infinity pool, verdant space, and, once more, expansive water views. The upstairs primary ensuite includes a sitting area, a spacious bedroom overlooking the water, custom-built walk-in closets, and a designer bathroom featuring a zero-entry shower. This suite also offers a walk-out terrace for savoring the fresh air and breathtaking views. All additional upstairs bedrooms are ensuites. The grand backyard hosts an oversized infinity pool, spa, fire pit, and ample terrace space for outdoor entertainment. Lush greenery provides the perfect setting for lawn games. A few steps lead to the dock, equipped with a 20, 000lb lift, and plenty of water for your favorite yacht. The estate offers privacy without sacrificing the stunning bay views, boasting 143 feet of waterfront. Both the seawall and dock have recently been updated. Additional features are 800 sq ft of storage, water filtration system, travertine pool deck and oversized pantry. The home's location is a mere 30-minute drive from Tampa International Airport and just five minutes from the award-winning beaches of Fort DeSoto Park. Most furnishings convey except art work, primary bedroom furniture, couch in family room and detached tool cart in garage.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,800,000
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 | $4,640,000 | $4,640,000 | $4,640,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 6.989% | 6.936% |
Monthly Tax Payment | $4,963 | $4,963 | $4,963 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $31,261 | $30,482 | $41,060 |
Total Monthly Payment | $36,349 | $35,570 | $46,148 |
* 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.