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NEW CONSTRUCTION - If luxury waterfront living is what your client is after, bring them to this mega waterfront mansion with a 100 ft dock in SoSo where 180 degree water views abound. This bespoke waterfront experience is one of the most exceptional homes ever brought to market in West Palm Beach. You can't buy this on Palm Beach Island. No traffic and located just 11 minutes to PBI Airport. The residence offers approximately 13, 370 SF of full-blown luxury. Highlights include a second-story pool and spa, 2 Poltrona Frau kitchens, wine room, outdoor cocktail bar, full staff area, 2 grills, firepit, private cinema, and a 100' deep-water dock for large yachts. Every room opens to the water. 9 full bedrooms and 5 to 7 additional rooms for flexible living. Home is furnished. This bespoke residence is fully outfitted by Poltrona Frau, the company that creates interiors for Ferrari. Features include staff quarters, staff powder room, manager's office, gift wrapping room, gym, wine room, chef's kitchen, spa, second-level pool, outdoor bar, and two cooking areas. Directions: I-95 to Southern Boulevard East. Turn south on South Flagler Drive and continue approximately 1 mile to 6315 S. Flagler Drive.
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Our Executive Mortgage Banker:
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$42,500,000
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 | $34,000,000 | $34,000,000 | $34,000,000 |
| 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 | $1,053,608 | $1,053,608 | $1,053,608 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $203,847 | $209,344 | $286,911 |
| Total Monthly Payment | $1,257,580 | $1,263,077 | $1,340,644 |
* 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.