Pre-Construction. To be built. Introducing a rare gem of contemporary luxury on Longboat Key: a brand-new, direct Gulf-front masterpiece crafted by Vertical Design Build to the most exacting standards. Still in the beginning stages, there is plenty of time to make your personal selections! Set on over a quarter-acre of lush beachfront property, this architectural marvel offers an unparalleled coastal living experience. Designed to showcase the breathtaking vistas of the Gulf of Mexico, every aspect of this home has been meticulously planned and executed to perfection. No detail has been overlooked in this chic and opulent retreat. From the sleek Walker Zanger Porcelain Tile flooring to the custom modern cabinetry and polished nickel fixtures in the gourmet kitchen, every element exudes sophistication and style. The kitchen features an expansive island with a waterfall edge, perfect for casual dining or entertaining guests, as well as brand-new, top-of-the-line appliances to include double Wolf ovens, a Sub-Zero full-size wine cooler, and a Wolf Induction cooktop. The heart of the home is the open-concept living/dining/kitchen area, where floor-to-ceiling walls of glass invite the natural beauty of the surroundings inside. This space offers a truly immersive coastal experience. Retreat to the primary suite, located on the northwest side of the main living level, for ultimate relaxation and privacy. Floor-to-ceiling walls of glass sliders open onto the Gulf-front terrace, offering sweeping views of the azure waters beyond. The spacious suite also features a huge walk-in closet with extensive built-ins, ensuring ample storage space, and a spa-inspired en-suite bathroom with stunning tiled walls, walk-in shower with multiple showerheads, a Signature Hardware soaking tub, dual floating vanities, and a private water closet. Convenience meets luxury with an office conveniently located on the first floor, providing a dedicated workspace with inspiring views. Ascend the 3-stop elevator or take the stairs to the second level, where three additional bedroom suites with walk-in closets await, along with a fourth bedroom that shares a bathroom with the den. Each room is designed with comfort and relaxation in mind, offering ample space and stunning views of the surrounding landscape. Step outside to the breathtaking outdoor living space, where multiple balconies on both levels provide the perfect vantage point for enjoying panoramic beach views. The ground level is a true oasis, featuring a 36-foot lap pool as the main focal point, surrounded by all the elements necessary for Gulf coast relaxation. A sun shelf and heated spa by Freestyle Pools and Spas invite you to unwind, while quiet lounge areas, dining spaces, and a summer kitchen with a grilling station offer endless opportunities for outdoor entertaining. The most luxurious feature of all is the home's direct access to the warm waters of the Gulf, allowing you to step directly from your backyard into paradise. Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
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Our Executive Mortgage Banker:
Our Insurance Division:
$15,000,000
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 | $12,000,000 | $12,000,000 | $12,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.014% | 7.041% |
Monthly Tax Payment | $5,229 | $5,229 | $5,229 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $80,846 | $78,831 | $107,023 |
Total Monthly Payment | $86,200 | $84,185 | $112,377 |
* 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.