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Price Improvement. Built in 2014 by renowned Arthur Rutenberg, this gated Intracoastal Waterway estate includes a fully remodeled two-bedroom guest house. The main residence offers over 3, 500 square feet of one-level living. Featuring an open floor plan with glass walls showcasing wide water views & sunsets. Interior features include 12-foot coffered ceilings in the Great Room, 10-foot ceilings throughout, solid 8-foot doors, impact-resistant windows & doors, elevator, security system, engineered hardwood floors, porcelain tile, & crown molding. The gourmet kitchen includes an oversized island, walk-in pantry, Butler’s Pantry with wine cooler, five-burner gas stove, custom wood cabinetry, & built-in 150-bottle Viking wine refrigerator. All A/C units have been replaced within the last three years, including one in February 2025.
The 783-square-foot Master Suite occupies the north side of the residence & includes tray ceilings, two walk-in closets, large bathroom, & covered lanai access. Adjacent is a custom office with built-ins & Plantation shutters. The south side of the home includes a waterfront library with custom shelving & cabinetry, two additional bedrooms, one en-suite bath, third full bathroom, elevator access, & split-level staircase to the ground floor. Additional features include a large laundry room with new Maytag washer & dryer, custom cabinetry, & Plantation shutters.
Outdoor features include a covered & screened outdoor kitchen with American Outdoor Grill, sink, refrigerator, dining area, heated saltwater pool, large paver deck, dock with water service, a 13, 000-pound boat lift and an approved 2nd dock slip The 3, 100+ square-foot ground floor offers an oversized three-car garage, multiple storage rooms, bonus room with A/C, full bathroom, & covered lanai access.
The furnished guest house offers an open floor plan, eat-in kitchen, two bedrooms, one bathroom, dual vanities, & private laundry. Situated on a 26, 000+ square-foot lot at the end of a private lane shared by only two other homes, the property is located four blocks north of Albee Bridge & across from Casey Key & Nokomis Beach. Convenient access to waterfront dining, shopping, Publix, pharmacy, Post Office, boutique shopping, & other daily conveniences by golf cart, bicycle, or short walk.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,750,000
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 | $3,000,000 | $3,000,000 | $3,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $2,150 | $2,150 | $2,150 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $17,987 | $18,472 | $25,316 |
| Total Monthly Payment | $20,262 | $20,747 | $27,591 |
* 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.