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If you love a beautiful beach and a tranquil lifestyle then this house is for you. What’s better than location, location, location? How about added privacy, provided by an abundance of lush native tropical plantings in a quiet, exclusive neighborhood, built to the highest structural and energy efficient standards offering myriad amenities including a 3 car garage, a 2 lane (20’x60’) lap pool and a hot tub. This spectacular home is just a short walk, via a Canopied Trail, to the expansive, accreting beach and just minutes, by car, to the town centers of Vero Beach and Fort Pierce. Interior features include a very spacious kitchen with Thermador microwave, refrigerator, 6 burner gas stove with griddle and electric oven and a pass thru window for serving to the Granite Bar on the Covered Porch which provides the perfect flow for enjoying Al Fresco Dining and Entertaining Family and Friends. There are 4 bedrooms and 3 baths on the 3 floors surrounded by expansive decks. The Master Bedroom with Ensuite Double Vanities, a custom shower with multiple heads including a 12 foot Kohler 4 head rain shower. The Master Suite boasts Ocean Views and the soothing sounds of waves on the beach for the complete Florida living experience. This home is situated on a nominal ½ acre lot in a small, quiet enclave of just 5 homes on Genesea Lane and is designed to minimize the ever increasing electric costs via abundant solar power with battery backup and proven track record of $28. 00/month electric bills. For additional privacy or as a development investment, there is also an adjacent ½ acre lot available.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,450,000
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 | $1,960,000 | $1,960,000 | $1,960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.289% | 6.235% | 6.183% |
| Monthly Tax Payment | $861 | $861 | $861 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,594 | $11,909 | $16,540 |
| Total Monthly Payment | $12,580 | $12,895 | $17,526 |
* 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.