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London Bay’s collaboration with Stofft Cooney Architects and Exteriors by Koby Kirwin creates a unique estate expressing coastal contemporary architecture offering seamless indoor-outdoor connections throughout. Featuring an elevated interior design with finishes and furnishings, by Romanza Interior Design, the welcoming foyer introduces the home’s open-concept design, where the adjoining great room, dining room and a social room with a wet bar flow to distinct alfresco gathering spaces. The gourmet kitchen features a large island for casual dining and an open butler’s pantry equipped with a sink and additional appliances. The spacious club room accommodates a home office and sitting room with a private patio leading to the home’s private putting green. Spanning an entire wing, the master suite features dual walk-in closets and two luxurious bathrooms connected by a glass-enclosed shower. The well-appointed bedroom enjoys a sunny sitting area and allows for direct access to secluded alfresco destinations. As the focal point of the estate’s outdoor areas, the pool’s custom design features a sun shelf for chaises and a spa seemingly floating on the water’s surface all surrounded by the tropical landscape. An expansive lanai offers covered dining and living spaces with a thoughtfully designed outdoor kitchen, seating area, fireplace and pool bath along with the convenience of motorized screens and shutters. The second floor offers a large loft with a wet bar, additional laundry and four spacious en suite bedrooms, each with direct access to balconies. The residence also offers the conveniences of a three car-garage, elevator, natural gas, and generator.
This prime corner site is conveniently located just steps from the beach and within walking distance to the Third Street shops and restaurants.
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:
$20,995,000
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 | $16,796,000 | $16,796,000 | $16,796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.241% | 6.086% | 5.972% |
| Monthly Tax Payment | $2,160 | $2,160 | $2,160 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $95,366 | $100,701 | $139,476 |
| Total Monthly Payment | $97,651 | $102,986 | $141,761 |
* 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.