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IMPRESSIVE 100-FT WATERFRONT ESTATE WITH PRIVATE DOCK, BRAND NEW 60, 000 LB BOAT LIFT (ACCOMMODATES UP TO A 53-FT VESSEL & 2 OVERSIZED JET SKIS), AND 4-CAR GARAGE. This newly renovated, 5-bedroom residence offers spectacular Billion-dollar views of the Estate section of Palm Beach Island and the widest section of the Intracoastal. 11-ft ceilings and 6, 000 square feet of refined living space. Highlights include a showpiece waterfront bar and lounge, expansive primary suite with dual dressing rooms, attractive open kitchen with Wolf and Sub-Zero appliances, elevator, guest house, and resort-style amenities throughout. The very impressive waterfront bar/lounge features LED backlit crystalline quartzite a stunning brass sink, ice maker, and custom cabinetry. A sprawling primary suite complete with oversized dual dressing rooms with Italkraft closets and custom cabinetry. This home has an abundance of natural light, high-end finishes, and every conceivable amenity for those who love to entertain. The open kitchen features premium Wolf and Subzero appliances. More recent upgrades include a wine refrigerator in the dining room, custom lighting to enhance artwork, and an above ground spa. This sophisticated 2-story home also includes a guest apartment for extended stays or ultimate privacy. Overhauled under the guidance of designer Amir Khamneipur, known for his work at The Bristol, every element of this home is crafted for luxury living wine wall inspired by the Breakers Resort, putting green, gated driveway, full house generator, integrated smart home system, and elevator. Ideally located near Palm Beach Island with views of Mar-a-Lago and close to premier dining, shopping, and PBI Airport. This is a rare opportunity to own one of SoSo's finest properties!
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$13,950,000
William Raveis Real Estate
Phone: 888.699.8876
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
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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 | $11,160,000 | $11,160,000 | $11,160,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | $4,862 | $4,862 | $4,862 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $65,127 | $66,910 | $94,174 |
| Total Monthly Payment | $70,114 | $71,897 | $99,161 |
* 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.