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Price Improvement! An exquisite one-of-a-kind contemporary waterfront residence in the exclusive Venetian Isles community of St. Petersburg. Nestled in a cul-de-sac on an oversized lot with 107 feet of sailboat-depth waterfront, this home offers privacy, elegance, and direct access to Tampa Bay—a true boater’s paradise. Elevated 9. 5 feet above sea level for optimal flood protection and insurance benefits. This home has never experienced flooding. Built by Tom Pici & Son in 2005 and extensively updated, it features unparalleled craftsmanship, cutting-edge Crestron Integrated Home Technology, and sustainable systems. With concrete block construction on the first level and wood frame above, it has impact-rated windows and doors. Step through Brazilian hardwood double doors into a serene foyer with an indoor floor-to-ceiling waterfall, creating a Zen appeal. The open layout boasts soaring 12-foot ceilings and expansive windows, filling the home with natural light and breathtaking views. This modern custom home combines elegance with premium finishes, seamlessly blending design with unmatched amenities. In the heart of the home is the chef’s kitchen, featuring cabinets by Michael Bright and top-of-the-line appliances, including: a Wolf gas range w griddle, Sub-Zero refrigerator/freezer, built-in Miele double ovens w/ convection, built-in Miele Coffee Bar w/Cup Warming Drawer and Food Steamer and warming drawer. The oversized Madagascar granite island includes a prep sink and a built-in stainless seafood and beverage service trough. The adjacent hidden walk-in pantry and eat-in kitchen with a built-in banquette open to the family room, complete with a wood-burning fireplace and magnificent water views. The expansive primary suite, at 648 square feet, serves as a sanctuary with views of the city skyline and Weedon Island Preserve, a private wood-burning fireplace, and a custom 170-square-foot walk-in dressing room. The luxurious en suite spa bath features a Pearl whirlpool tub, a steam shower, floating double vanity, and a Toto smart toilet and bidet. A dedicated media room with seating for eight is perfect for movie nights. Three additional bedrooms, each with en suite baths, are located on the first floor, including one that serves as a home gym and a junior suite with direct pool access and wide water views—perfect for guests. Outdoors, enjoy a two-tiered waterfront deck with lounging and dining areas overlooking Weedon Island Preserve. The Sekas-designed large saltwater pool w 2 swim jets, spa, a sun shelf, LED lighting, hot tub with waterfall, and an outdoor kitchen for seamless entertaining. Speeler-built dock features Trex and Brazilian hardwood decking, two boat lifts, and shore power and water—ready for your boating adventures. Additional luxury upgrades include a Crestron Integrated Home system, two Rinnai tankless water heaters, whole-house water filtration, motorized window treatments, and recessed LED lighting. Located just minutes from Downtown St. Pete, the Vinoy Golf Club, and top-rated restaurants, this home offers secluded waterfront living with easy access to urban amenities. Whether you’re an avid boater, nature lover, or someone who appreciates fine living, 2279 Mermaid Pt NE provides an unparalleled lifestyle of luxury, comfort, and tranquility. Enjoy watching dolphins play, fishing from your backyard, or relaxing in your spa under the stars—this is waterfront living at its finest. A TRULY REMARKABLE PLACE TO CALL HOME.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,600,000
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 |
|
|---|---|---|---|
| Loan Amount | $3,680,000 | $3,680,000 | $3,680,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.316% | 6.110% | 5.972% |
| Monthly Tax Payment | $1,633 | $1,633 | $1,633 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $20,895 | $22,063 | $30,559 |
| Total Monthly Payment | $22,653 | $23,821 | $32,317 |
* 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.