One or more photo(s) has been virtually staged. One or more photo(s) has been virtually staged. High and Dry! Elevated townhome, no living space on ground level to be damaged by flood water. Completed March 2024 BRAND NEW LUXURY WATERFRONT HOME Premier Coastal Builder Lubke Construction presents the Mimosa Townhomes. The only waterfront town homes with docks and individual pools on the Beach! NO HOA FEES! Imagine moving into a BRAND NEW HOME with all the warranties on everything! Come experience the epitome of coastal luxury living, nestled in the vibrant community of Redington Shores. Walking distance to two different coffee shops, many restaurants, beach shops and more! Each unit features 2816 sf indoor/ outdoor covered space. Enjoy sunrises and sunsets from the covered lanais on each of the three levels. This home is designed to capitalize on the water views. Watch dolphins cruise right past your dock. 1820 sf climate-controlled space with 4 bedrooms 3 full baths. NEW Seawall plus NEW Decking on Dock. Main level has 10’ tall ceilings, all levels have 8 foot solid core doors. The modern wide open kitchen is a culinary masterpiece, custom designed with floating shelves, built in custom hood, clad with ship lap and all stainless steel appliances. The oversized island has tons of storage and a 4 person seating area, making every meal an exquisite experience. Master bedroom with 2 walk in closets. 2 car garage, indoor changing area for pool at ground level, extra garage storage. Ground level entry for ease of use plus prep package for 3 Stop elevator. High performance HVAC system with 2 stand alone central units to maximize efficiency on each floor. 100% masonry construction on ALL floors, built on piling foundation, impact windows and doors, roof with secondary water barrier. Builder also had natural gas brought in specifically for this new property (the only one on the street). Gas range, tankless gas water heater, gas dryer, prep for gas pool heater. All closets built out with ventilated wood shelving. Window treatments included.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,595,000
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 | $1,276,000 | $1,276,000 | $1,276,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.260% | 6.762% | 6.790% |
Monthly Tax Payment | $776 | $776 | $776 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,276 | $8,170 | $11,203 |
Total Monthly Payment | $9,177 | $9,071 | $12,104 |
* 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.