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Experience luxury waterfront living in this Mediterranean-style estate offering 140 feet of waterfrontage with direct
open bay access. The home welcomes you with dramatic 25-foot ceilings in the main living room and features an
expansive 10-bedroom, 9. 5-bathroom layout designed for both comfortable living and entertaining. The spacious
primary suite includes a sitting area, walk-in closet, separate shower and soaking tub, and two private balconies
with beautiful water views. A gourmet kitchen with a large island and double appliances flows seamlessly into the
informal living area and formal dining room, while additional living spaces provide plenty of room to relax or host
guests, including a lounge currently set up with a pool table. Outdoors, enjoy a resort-style setting with an
expansive pool, cabana, and summer kitchen perfect for alfresco dining and entertaining. The property also
features a charming 2-bedroom, 1-bath guest cottage, a 4-car garage, and sits on an oversized lot with direct
access to Biscayne Bay and the ocean, making it an exceptional opportunity for waterfront living and boating
enthusiasts.
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:
$9,800,000
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 | $7,840,000 | $7,840,000 | $7,840,000 |
| 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 | 6.411% | 6.487% | 6.309% |
| Monthly Tax Payment | $12,664 | $12,664 | $12,664 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $47,637 | $48,911 | $66,689 |
| Total Monthly Payment | $60,426 | $61,700 | $79,478 |
* 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.