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Discover the unparalleled elegance of Flamingo Ranch, a sprawling estate offering over 5, 000 sq. ft. of thoughtfully designed living space. This exceptional residence features 5 bedrooms and 4. 5 bathrooms, seamlessly blending luxury, comfort, and coastal charm. Set on nearly 3 acres with almost 300 feet of pristine Lemon Bay shoreline, the property offers deep-water dockage including a covered 16, 000lb boat lift, along with a second dock capable of accommodating a vessel up to 55 feet. Additional highlights include a convenient kayak launch directly from Lemon Bay and a dedicated boat launch from one of the docks, providing effortless access to the Intracoastal Waterway and the Gulf, a true haven for boating and waterfront enthusiasts. The interior exudes comfort and functionality, with the master suite conveniently located on the ground floor for privacy and ease, while four additional bedrooms upstairs provide ample space for family or guests. The open-concept layout effortlessly connects living, dining, and entertainment areas, making it ideal for gatherings and socializing. A classic wraparound porch invites you to relax and take in sweeping views of the surrounding waterfront and natural landscape, perfect for morning coffee, sunset evenings, or entertaining guests. Step outside to enjoy a heated saltwater pool, a private pond, and a landscaped paradise enhanced by the home’s efficient irrigation system. A detached 3-car garage with workshop and a 44 x 12 ft storage area offers abundant space for vehicles, tools, and recreational equipment. Built for both beauty and resilience, Flamingo Ranch features solid block construction, foam insulation, hurricane-rated windows and shutters, a full backup generator, and a self-sufficient irrigation system with its own water source, keeping landscaping costs remarkably low while maintaining lush grounds year-round. The property also offers flexible opportunities, with the option to subdivide off the front one acre, ideal for additional building, agricultural use, horses, or recreational purposes, and is just minutes from Coral Creek Airport, perfect for private aviation enthusiasts. Nearby beach access places you moments from wide, pristine Gulf beaches, offering the best of both waterfront living and effortless beach enjoyment. Palm Island residents also have the opportunity to enjoy tennis and fitness memberships at Palm Island Resort, conveniently located close to the home, further enhancing the island lifestyle. Flamingo Ranch combines architectural excellence, coastal elegance, and unrivaled waterfront access, offering a lifestyle defined by luxury, serenity, and the very best of Palm 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:
$4,200,000
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 | $3,360,000 | $3,360,000 | $3,360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.750% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.142% | 5.881% | 5.826% |
| Monthly Tax Payment | $2,678 | $2,678 | $2,678 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $19,078 | $19,608 | $27,677 |
| Total Monthly Payment | $21,881 | $22,411 | $30,480 |
* 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.