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Seamless, Sophisticated and Sunset-driven. Welcome to Salerno 703, a designer remodeled three-bedroom, three-bath residence in the prestigious gated enclave of Bay Colony. Western exposure bathes this home in golden afternoon light and captures breathtaking sunsets over the Gulf, a dynamic backdrop that transforms from day to night. Thoughtfully reimagined for today’s modern coastal lifestyle, the Wall between the kitchen and living room has been removed to create a Grand open-concept Great room where architecture disappears and the views take center stage. At its center, an exquisite marble peninsula anchors the space creating a stunning focal point and natural gathering place. Generous in scale, it offers ample seating for casual dining or elegant entertaining and provides additional storage and convenient Sub-Zero refrigerator drawers. Best-in-class Kitchen Appliances, Wolf, Sub-Zero and Miele offer culinary performance while showcasing sleek contemporary design and are highlighted by beautiful custom crafted cabinetry by Downsview. The spacious primary suite is a private retreat, while two additional guest bedrooms and full baths provide comfort and privacy for family and friends. The Salerno boasts a fully updated lobby level—an elegant transformation that sets a new standard for refined living. A professionally staffed concierge greets you upon arrival, while the beautifully designed social lounge invites connection and relaxation. You will enjoy a state-of-the-art fitness center, a resort style outdoor pool and dining area and the added benefit of well-appointed guest suites. Beyond the residence, Bay Colony offers a lifestyle reserved for the fortunate few with private beach access and attended service, a tennis center, an exclusive beach club and restaurant and beautifully maintained grounds. As a homeowner, you will further enjoy all the amenities of Pelican Bay, Southwest Florida’s most desired beachfront community.
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:
$3,295,000
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 | $2,636,000 | $2,636,000 | $2,636,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.259% | 6.223% |
| Monthly Tax Payment | $2,066 | $2,066 | $2,066 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $15,383 | $16,017 | $22,244 |
| Total Monthly Payment | $17,574 | $18,208 | $24,435 |
* 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.