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Presented by
John Armellino - Armellino Team |
Newly built Intracoastal estate positioned on over half an acre along the direct Intracoastal. This privately gated modern estate embodies uncompromising craftsmanship and refined contemporary living. Completed with a structural integrity seldom seen in residential construction, the home and pool are supported by 106 helical piles, establishing a foundation built for permanence and peace of mind. Thoughtfully designed to merge the architecture with its waterfront surroundings, the residence showcases clean lines, expansive glass, and seamless indoor-outdoor living. A spacious motor court and gated entry offer complete privacy upon arrival, framed by illuminated, meticulously designed landscaping, turf grounds, and custom hardscape inlays. Inside, the home reveals 12-foot ceilings with with elegant light coves, rich decorative accents, and 10-foot impact-rated windows and sliders that capture serene water vistas. A sculptural floating staircase with open risers serves as a central architectural statement, while 10-foot solid-core doors enhance the sense of scale and luxury throughout the first floor. The gourmet kitchen features Sub-Zero and Wolf appliances and wide-plank oak flooring that continues throughout the residence. Smart-home living is fully realized through a complete Control4 system offering wireless control of lighting, climate, security, and more. Outdoor living is resort-inspired, highlighted by a saltwater pool and a 360-degree spillover spa set against the tranquil backdrop of a no-wake zone. With no fixed bridges, boating access remains effortless and unobstructed. Additional features include an elegant mitered hip and ridge tile roof, extensive soffit and landscape lighting, ample parking, and efficient gas tankless water heaters. A true expression of modern coastal luxury, this exceptional estate delivers a lifestyle defined by quality, tranquility, and architectural excellence, an extraordinary offering on the North Palm Beach waterfront.
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Our Executive Mortgage Banker:
Our Insurance Division:
$8,895,000
Sales Associate
William Raveis Real Estate
Phone: 203.671.1601
John.Armellino@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.274.0501
Gerry.OBrian@raveis.com
NMLS Mortgage Loan Originator ID 223191
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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 | $7,116,000 | $7,116,000 | $7,116,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.289% | 6.235% | 6.058% |
| Monthly Tax Payment | $5,530 | $5,530 | $5,530 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $42,094 | $43,238 | $59,569 |
| Total Monthly Payment | $47,749 | $48,893 | $65,224 |
* 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.