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REDUCED! SELLER SAYS LETS MAKE A DEAL! LOCATION!! LOCATION!! LOCATION!! This exceptional 4/5-bedroom, 3-bath luxury waterfront residence is privately positioned at the end of a cul-de-sac, offering 250 feet of seawall on Lemon Bay to the south & a canal to the west, with breathtaking unobstructed water views, dramatic sunsets & panoramic vistas overlooking Lemon Bay Environmental Park. Designed to impress, the open-concept floor plan showcases stunning bay views from the moment you enter, creating a seamless connection between refined interior spaces & the coastal setting beyond. Extensively upgraded throughout, the residence features all-new impact windows & doors, new HVAC systems serving both floors, new electrical & lighting, new first-floor water heater, new remote-control lift panel & electronics, plus new “wood-plank style” porcelain tile flooring throughout. The expansive designer kitchen is appointed with all-new custom cabinetry, under-cabinet & over-cabinet lighting, Fisher Paykel built-in refrigerator, Bosch 30" wall oven, Bosch built-in dishwasher, Bosch integrated microwave, GE washer & dryer, plus a standalone ice maker—ideal for elevated entertaining. The main level includes three bedrooms, two full baths & a laundry room, while the upper level hosts a dream primary suite with spa-inspired bath, along with an additional bedroom &/or office offering serene water views. Outdoor living rivals the interior with a refinished custom 13' x 28' swimming pool featuring all-new equipment including heater & salt-water system, a new pool cage, brand-new covered lanai, outdoor shower, new 10x14 shed & direct access to the Intracoastal Waterway. Boaters will appreciate the new 10, 000-lb boat lift with new electric panel & remote control. Embrace nature & the outdoors daily! A quick boat ride to pristine natural beaches, the Gulf of Mexico & waterfront dining with daily entertainment! A short bike or golf cart ride to Historic Dearborn Street to enjoy restaurants, cafes, art galleries, boutique shopping, local entertainment & more! Optionally offered fully furnished, this property is also an investor’s dream—rarely listed on Airbnb & VRBO with outstanding reviews—delivering a premier blend of luxury living, privacy & exceptional waterfront income potential.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,795,000
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 | $1,436,000 | $1,436,000 | $1,436,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.875% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.130% | 5.984% | 5.912% |
| Monthly Tax Payment | $1,144 | $1,144 | $1,144 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,153 | $8,494 | $11,925 |
| Total Monthly Payment | $9,422 | $9,763 | $13,194 |
* 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.