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Welcome to coastal perfection at Palm Island Resort on exclusive Palm Island, where panoramic views of Stump Pass and the Gulf of Mexico create a breathtaking backdrop for everyday living. This beautifully designed 3-bedroom, 3-bath beachfront residence captures the essence of island elegance, with an open floor plan thoughtfully oriented to maximize water views from nearly every room. Custom finishes shine throughout, including large porcelain tile flooring in the main living areas, heated floors in all bathrooms, and a seamless flow between the kitchen, dining, and living spaces. The living room is both inviting and serene, featuring a built-in bookshelf and charming window seat—perfect for relaxing with a book while coastal breezes drift in through a wall of sliding glass doors leading to the expansive screened lanai.
Two guest bedrooms on the main level provide privacy and comfort, while the upstairs primary suite is a true retreat. Wake to sweeping water views and unwind each evening on your private sun deck as the sun sets over the Gulf. The suite also offers a spacious walk-in closet and a luxurious ensuite bath complete with soaking tub, walk-in shower with rain head, and dual vanities. Designed with both luxury and practicality in mind, the home includes an elevator servicing the main living level, central vacuum system, fire sprinkler system, wine cooler, hurricane-impact windows and doors with remote controlled Kevlar hurricane curtains for additional protection on the screened lanai, and a Halo whole-house water filtration system. Exterior features include durable Hardie Board siding (face-nailed for added strength), composite decking with marine-grade stainless steel, solid soffits, a newer metal roof, and updated AC systems. Outdoor living is equally impressive, with an open sun deck ideal for soaking up the Florida sunshine, a salt system hot tub for relaxing evenings under the stars, and lush tropical landscaping. The ground level offers a solid concrete foundation, golf cart garage, ample storage, and an outdoor shower—perfect after a day at the beach. Life at Palm Island Resort is truly a destination experience, offering private shell-strewn beaches, frequent dolphin and manatee sightings, tennis, pickleball, fitness center, dockage, clubhouse, and on-site dining at Rum Bay Restaurant, plus treats from Coconuts Ice Cream Shop. Accessible by a 3-minute car ferry ride and designed for golf cart and bicycle travel, this gated community with security and bell service delivers the ultimate in peaceful island living. Unspoiled, unforgettable, & simply paradise.
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:
$2,400,000
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 | $1,920,000 | $1,920,000 | $1,920,000 |
| 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 | 6.251% | 6.086% | 6.183% |
| Monthly Tax Payment | $1,631 | $1,631 | $1,631 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $11,205 | $11,511 | $16,202 |
| Total Monthly Payment | $12,960 | $13,266 | $17,957 |
* 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.