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5616 Seagrass Place | Gulfview Floorplan
4 Beds | 4 Baths | Den + Loft | 3, 618 Sq Ft | Oversized Lot with 140’ Waterfront | Former Model by Sabal
5616 Seagrass Place is a former model home built by Sabal featuring the sought-after Gulfview floorplan on an oversized pie-shaped lot with over 140 feet of direct waterfront—nearly double the frontage of most homes in the community. Located across from a landscaped community greenbelt, this home offers added privacy and space, including a fully landscaped side yard. The first floor includes the primary suite, a separate guest bedroom and bath, a formal office with built-ins and French doors to a private front porch, a large laundry room, and open living and dining areas. The kitchen was remodeled in 2024 with new appliances, quartz countertops, updated backsplash, under-cabinet lighting, a wrap-around bar, and a café-style dining space surrounded by windows overlooking the pool and water. A butler’s pantry connects the formal dining room and kitchen, along with a large walk-in pantry. The main living room features a gas fireplace and custom built-ins. Upstairs includes two additional bedrooms, one with a private bath and walk-in closet, a shared hallway bath, and a large loft with wet bar, wine fridge, custom trim, and deep plantation shutters. Two covered balconies provide water views—one facing east for sunrise, the other west for Tampa Bay sunsets. The screened-in outdoor living space features a heated saltwater pool and spa. The dock is equipped with water and electricity. The oversized 3-car garage includes a tandem bay for a golf cart or workshop, and the extended driveway has upgraded brick pavers. Recent updates include a full kitchen remodel (2024), upstairs bathrooms remodeled (2024), new roof (2020), new pool heater, recently replaced AC units, full-home plantation shutters, and an electric rear awning. The home has been pre-inspected for buyer peace of mind.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,225,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $980,000 | $980,000 | $980,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.440% | 6.133% | 6.058% |
| Monthly Tax Payment | $1,948 | $1,948 | $1,948 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,641 | $5,876 | $8,204 |
| Total Monthly Payment | $7,714 | $7,949 | $10,277 |
* 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.