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An opportunity of this caliber rarely presents itself on the west coast of Florida, 1198 Mandalay Point represents extraordinary value for one of the state's most exclusive waterfront properties. Set on 42. 57 acres at the secluded northern tip of Clearwater Beach, this remarkable beach to bay property is the last and only private residence of its kind. Bordered on the north by the untouched beauty of Caladesi Island State Park and accessible by a private road, the estate offers unmatched tranquility with miles of pristine beach. For the yachting enthusiasts, a rare deep-water dock accommodates vessels up to 80 feet, providing direct access to the Intracoastal Waterway and the Gulf of America for effortless cruising, fishing and island hopping. This is more than a home - it is a private sanctuary, a lifestyle investment, and a generational legacy. With its protected setting, private entrance, and rare beach-to-bay frontage, 1198 Mandalay Point stands alone as the crown jewel of Clearwater Beach real estate.
The 3, 434 square foot residence is elevated 20 feet above sea level to showcase panoramic Gulf to Bay views. Inside, soaring 30 plus foot ceilings crown an atrium with a heated lap pool, overlooking the lush preserves of the south end of Caladesi Island, Malone and Moonshine Islands. Each room frames views of sunrises, sunsets and importantly - 360 degrees of palm trees, sandy beaches, the gulf and the bay.
Whether entertaining guests or enjoying quiet moments, this home provides an unparalleled living experience. From its tranquil setting and proximity to Tampa International Airport to its world-class dockage and breathtaking natural beauty, 1198 Mandalay Point offers everything you need to enjoy the best of Florida living. An exceptional offering.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$37,500,000
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 | $30,000,000 | $30,000,000 | $30,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.440% | 6.110% | 5.952% |
| Monthly Tax Payment | $5,842 | $5,842 | $5,842 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $172,697 | $179,865 | $249,123 |
| Total Monthly Payment | $178,664 | $185,832 | $255,090 |
* 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.