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A nearly complete brand-new waterfront estate home, on one of the most exclusive private island streets in all of Admirals Cove. 228 Commodore offers the rare opportunity to acquire a nearly finished custom residence in a premier waterfront location with direct ocean access and just minutes from the intracoastal waterways. The floor plan centers around open-concept living spaces anchored by a dramatic great room with soaring gabled ceilings and stained cypress beams, flowing into a chef's kitchen with large island, walk-in pantry, and seamless indoor-outdoor connectivity through pocket sliding glass doors. The primary suite is located on the main level, offering a spa-style bath, dual walk-in closets, and direct access to outdoor living areas. Additional en-suite guest bedrooms, an upstairs theater, and flexible second floor living spaces provide versatility for full-time or seasonal use. Architectural and construction details include Ludowici clay tile roofing, smooth stucco exterior, LaFinestra impact-rated metal windows and doors, cast stone accents, copper gutters, and stained wood ceilings throughout the covered loggias. Outdoor living is designed for year-round enjoyment with a custom pool and spa, summer kitchen, fireplace, and motorized roll-down screens. The residence is designed with the discerning homeowner in mind, including a home generator, reverse osmosis water system for the house and dock, advanced HVAC with air purification, Italian cobblestone driveway, custom cabinetry and so much more. Located within Admirals Cove, residents enjoy access to 45 holes of championship golf, two clubhouses, a private marina, on-site dining, fitness and wellness facilities, and a private hotel, along with manned security and a central Jupiter location near beaches, the inlet, and dining.
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$31,000,000
William Raveis Real Estate
Phone: 888.699.8876
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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 | $24,800,000 | $24,800,000 | $24,800,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.750% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 5.858% | 5.806% |
| Monthly Tax Payment | $7,167 | $7,167 | $7,167 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $136,947 | $144,726 | $204,285 |
| Total Monthly Payment | $144,239 | $152,018 | $211,577 |
* 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.