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Experience coastal luxury at its finest in Siesta Key’s exclusive Cocoanut Bayou. This extraordinary waterfront estate spans 0. 7 meticulously landscaped acres, adorned with mature Royal Palms and lush tropical vegetation, delivering a seamless blend of sophistication and island tranquility. Recently reimagined beyond expectations, the home introduces a striking new architectural design, including a roof, new Hardie board siding and new stucco. Go through the elegant entryway into luminous living spaces wrapped in panoramic waterfront views, framed by new impact-rated windows and doors. This five-bedroom home includes two designer-appointed primary suites that provide ultimate comfort for you and guests. Express your culinary talents in your show-stopping chef’s kitchen, featuring premium Thermador appliances, double dishwashers, dual sinks, wall and speed ovens, a 36-inch induction cooktop and a 48-inch built-in refrigerator. All appointed to inspire culinary artistry and effortless entertaining. The custom lounge bar with built-in bar refrigerator and icemaker is ideal for elegant gatherings or casual relaxation, all with captivating Bayou views. Awake to breathtaking sunrises over the water and unwind in your private oasis. The newly installed 2024 resort-style pool, architecturally shaded lounge with Cyprus wood-inlay ceiling and pre-wired space for a Jacuzzi invite outdoor enjoyment year-round. From the new pool deck to the expansive marine-grade dock, always cool on your feet, you’ll find two new boat lifts (12, 000-pound and 20, 000-pound capacity) for endless boating adventures. Take advantage of quick access to the open water and no fixed bridges. Or perhaps, kick back and just watch as an abundance of marine and wildlife frolic in your private sanctuary. With only 54 homes in the Coconut Bayou Association, exclusivity and privacy are built in. Enjoy gated private beach access across the street with a tiki hut for gatherings, sunbathing and a huge white sandy beach to enjoy front-row seats to Siesta Key’s world-famous sunsets. Welcome home to the ultimate in island living!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$4,450,000
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 | $3,560,000 | $3,560,000 | $3,560,000 |
| 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 | 6.428% | 6.110% | 5.932% |
| Monthly Tax Payment | $2,365 | $2,365 | $2,365 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $20,493 | $21,344 | $29,563 |
| Total Monthly Payment | $22,983 | $23,834 | $32,053 |
* 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.