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Under contract-accepting backup offers. Don’t miss your opportunity to live five homes from the Gulf of Mexico with private, deeded access to the beach just for Cornwell On The Gulf! This four/five-bedroom, 4 bath home offers the perfect location and a unique floor plan with something for everyone! Open the French front doors and enter the Great room, expansive Kitchen and Dining area, which anchor the home. This grand space has a built-in sound system, tray ceilings with recessed lightening, abundant storage, crown molding, high base boards, built-in library shelving with ladder plus sliders to the screened lanai. Impact windows and doors, and plantation shutters too. Whether you spend time entertaining family, reading books, enjoying the ambiance of the fireplace, hanging at the breakfast bar, stocking the wine bar, creating fabulous meals for guests on the large island and endless countertop space or watching the latest game, there is space to do it all! The second floor offers two bright bedrooms and a full bath. Keep going up to the third-floor bedroom/hangout space, currently set up as a media room with a coffee/drink bar, also with a full bath. The impact sliders open to a roof top deck with views of the Gulf of Mexico! The primary bedroom located on the first level, is private and has additional space to use as you see fit. From here, the kitchen or dining room accesses the large, screened lanai with saltwater pool, set in the private fenced backyard with outdoor shower area and mature landscaping. Bonus: a multi-generational/in-law suite with its separate exterior entrance; this large living/kitchen area includes an additional bedroom and full bath. There is a one car oversized garage with a large storage closet. Your driveway offers hard to find parking for four cars. The island life has so much to offer each day, and it is all just a hop skip and a jump away! Enjoy the quaint shops, dining, live theatre, library and much more.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,390,000
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 | $1,112,000 | $1,112,000 | $1,112,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.375% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.399% | 6.499% | 6.309% |
| Monthly Tax Payment | $564 | $564 | $564 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,757 | $6,937 | $9,459 |
| Total Monthly Payment | $7,446 | $7,626 | $10,148 |
* 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.