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A rare expression of modern coastal luxury, this brand-new 2026 Foster Banyan estate sits on 71 feet of pristine waterfront with direct Intracoastal and ocean access--offering the ultimate South Florida boating lifestyle with no fixed bridges. Designed for both grand entertaining and everyday comfort, this CBS two-story residence blends architectural elegance with resort-style outdoor living. Custom solid mahogany double doors open to light-filled interiors featuring wide-plank white oak floors, stained beam accents, expansive picture windows, and pocket sliders that dissolve the boundary between indoors and out. The showpiece kitchen stuns with Bently Gold marble countertops and backsplash, a statement island, Thermador appliance suite, custom pantry/coffee station, and an adjoining wet bar with dual wine coolers and ice maker. The outdoor experience rivals a private resort--marble decking surrounds a heated salt- chlorinated infinity pool and spa, summer kitchen with built-in grill, lush tropical landscaping, new seawall, turf yard, and fully fenced grounds. The first-floor primary retreat offers its own foyer, morning bar, dual walk-ins, and spa bath with soaking tub and dual rain showers. Upstairs, guest suites, a VIP suite, and an oversized loft open to covered balconies with water views. With impact glass, surround sound, generator stub, tankless gas systems, 3 A/Cs, and smart pre- wiring throughout, 1, 000 gallon propane tank, every detail reflects thoughtful luxury and timeless coastal sophistication.
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,950,000
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 | $6,360,000 | $6,360,000 | $6,360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.349% | 6.183% |
| Monthly Tax Payment | $2,369 | $2,369 | $2,369 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $38,131 | $39,160 | $53,669 |
| Total Monthly Payment | $40,625 | $41,654 | $56,163 |
* 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.