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A truly one-of-a-kind Villa at the prestigious Residences at 5th on 5th, this exceptional villa offers approximately 5, 000 square feet under air and 7, 400 square feet total, perfectly positioned on iconic 5th Avenue South. Rare 5 car parking and private rooftop deck! The residence features three bedrooms plus a den, easily convertible to a fourth bedroom, and four and a half baths, delivering the scale and privacy of a single-family home with the ease of condominium living. Rich wood flooring, French doors, and private balconies create an elegant and inviting atmosphere. The chef’s kitchen is outfitted with premium appliances, a gas range, custom cabinetry, and an expansive island ideal for entertaining. A private elevator leads to the primary suite, a serene retreat with its own balcony and spa-inspired bath. Designed for extraordinary living, the home includes a rare underground entertaining room with a bar and a theater, as well as a private rooftop oasis with outdoor kitchen, jacuzzi, and sweeping sunset views. Five private parking spaces, including an attached two-car garage, add exceptional convenience. Just moments from world-class dining, nightlife, and only five blocks from the beach, this residence represents luxury living at its finest.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$10,495,000
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 | $8,396,000 | $8,396,000 | $8,396,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.362% | 6.361% | 6.183% |
| Monthly Tax Payment | $3,574 | $3,574 | $3,574 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $50,338 | $51,696 | $70,850 |
| Total Monthly Payment | $54,037 | $55,395 | $74,549 |
* 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.