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Positioned along one of the most desirable streets within the prestigious Las Olas Isles enclave, 416 Coconut Isle Drive presents an exceptional opportunity to acquire prime waterfront land in the heart of Fort Lauderdale. Surrounded by newly constructed and meticulously renovated estates, the property reflects the continued reinvestment and architectural evolution that define this iconic waterfront neighborhood. With generous water frontage and direct access to Fort Lauderdale’s renowned canal system, the site is ideally suited for a custom deep-water residence with seamless navigation to the Intracoastal Waterway and Atlantic Ocean, perfectly aligned with the area’s celebrated yachting lifestyle. 416 Coconut offers the ability to create a fully customized waterfront estate, delivered with a full set of approved plans and construction packages. Just moments from Las Olas Boulevard’s fine dining, luxury shopping, private clubs, and cultural destinations, as well as Fort Lauderdale Beach and executive airports, 416 Coconut Isle Drive presents a rare opportunity to create a bespoke waterfront estate in a location synonymous with prestige, walkability, and enduring demand.
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:
$3,595,000
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 | $2,876,000 | $2,876,000 | $2,876,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.202% | 6.121% | 6.011% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $16,556 | $17,243 | $23,883 |
| Total Monthly Payment | $16,681 | $17,368 | $24,008 |
* 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.