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Unparalleled craftsmanship & elegance in the heart of Melbourne Beach. Boasting a massive kitchen featuring Sub-Zero appliances. . . a chef's dream! Floorplan features natural materials throughout including exotic hardwood & cork flooring, shell stone, travertine & slate tile, bamboo butcher block countertops, cypress shiplap & more. Primary suite, private retreat opening to the courtyard with a spa grade soaking tub and shower. Guest Loft is a fully separate living space with an efficiency kitchen and Asian influenced bathroom. The 2nd floor flex suite offers a blank slate for a primary suite buildout of your dreams. 2 car garage roughed-in for efficiency apartment, environmentally friendly permeable driveway, server room and 2 screen porches. Located on one of the most desirable and quiet streets with walkable access to the beach, parks, shops and dining. Vacation property of your dreams, short-term rental, multi generational or year-round single-family residence. Interior & Finishes: Gorgeous natural materials & texture throughout. Curupay (Patagonian Rosewood) hardwood. Main house features ¾ inch SOLID Patagonian Rosewood. It is one of the most durable & hardest flooring woods with a Janka Hardness of over 3, 800. Lapacho Ipe (Brazilian Walnut) Hardwood Flooring. Guest loft is finished in ¾ inch SOLID Brazilian Walnut. With a Janka Hardness 3, 600 it ranks right behind Patagonian Rosewood in durability & beauty. Florida Shell Stone Tile. A Florida beachside house deserves a Florida tile! The loft bathroom is finished in Florida Shell Stone. The same stone you would find if you dug a big hole under the house and quarried your own! Primary bathroom finished in Travertine. Slate tile. Kitchen and front porch finished in real slate. Bamboo kitchen island. Cork flooring in the 2 Floor Flex Suite. Cypress shiplap in the loft, kitchen and throughout the main house. Exterior Highlights & Finishes: Easy maintenance, environmentally friendly. Hardi board siding (recently painted and refreshed. ) Permeable driveway. Environmentally friendly, the permeable driveway acts as a French drain to help return rainwater to the aquifer and combat flooding. Maintenance "light" environmentally friendly lawn needs little water & chemicals featuring durable clover & grass mix. Mechanicals & Construction: Newer, move in ready mechanicals, energy efficient and technology forward. Main on-demand gas water heater new 2021. Main 5 Ton HVAC system new 2022. Second floor 3. 5 Ton HVAC system new 2023. 250 gallon propane tank. 50 amp EV / RV ready. Server room Cat 5 throughout house with Zon System, whole home audio, fiber to the curb. R55 spray foam insulation. Porch concrete slab tied to main house supports future expansion.
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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 | $2,080,000 | $2,080,000 | $2,080,000 |
| 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 | $457 | $457 | $457 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $12,471 | $12,807 | $17,552 |
| Total Monthly Payment | $13,053 | $13,389 | $18,134 |
* 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.