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Villa Riva is a newly constructed waterfront residence within Prescott Estates, offering scale, privacy, and direct access to Biscayne Bay. Privately positioned along Prescott Lane, the home sits on a 13, 316 SF lot with 110 feet of open-bay frontage and uninterrupted views across the bay to the downtown skyline.
The residence spans 10, 832 SF of total building area, including 7, 392 SF under air and 2, 070 SF of terraces. Floor-to-ceiling glass defines the home, framing water views throughout and creating a strong indoor-outdoor connection. Expansive terraces extend living spaces directly to the bay.
A new seawall and 90 ft perpendicular dock provide immediate boating access. Rare dual frontage to water and park enhances privacy and openness.
The layout includes 6 bedrooms and 6. 5 bathrooms, served by a private elevator. Interior spaces include a dedicated lounge and office, custom millwork, natural stone finished, and a wine refrigerator.
A Raymond Jungles designed landscape frames the property and enhances privacy. Three covered parking spaces complete the residence.
Villa Riva is part of Prescott Estates, a collection of five ultra-private villas conceived as a landmark reborn. Welcome to a new standard for the next generation of luxury living.
Inquire for 3D development tour. All images are artist’s renderings provided for illustrative purposes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$18,700,000
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 | $14,960,000 | $14,960,000 | $14,960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.214% | 6.110% | 6.078% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $86,118 | $89,693 | $125,233 |
| Total Monthly Payment | $86,243 | $89,818 | $125,358 |
* 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.