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Sitting on a quiet corner within the Marco Beach enclave with direct frontage on a navigable waterway, this newer construction built by award winning R. K. Reiman Construction defines how an island residence should be lived in. Framed by royal palms, the gabled front elevation gives way to an interior defined by linear coffered ceilings that draw the eye toward the water through a wall of pocketing sliders, with wide-plank luxury vinyl flooring carried throughout. Considered the heart of the home, the kitchen is anchored by a double-waterfall edged island that could seat plenty along its working edge, with induction cooking, custom cabinetry, Sub Zero, Wolf, and Miele appliances, and a hidden pantry that absorbs the demands of entertaining without compromising the main living area. A wet bar with glass shelving and an undermount wine cooler supports the adjacent dining area. The expansive sliding glass doors give way to a covered lanai with tongue-and-groove wood ceiling that seamlessly extends the great room into a year-round living space, and is complete with a fully equipped outdoor kitchen, automatic hurricane shutters, and roll down screens. Beyond, a heated pool, spa, and sun shelf rest on a deck framed by mature landscaping, with a pool bath. Tucked away for the utmost privacy, the ground-level primary suite places the daylight, pool, and dock within a single sequence of doors, and features dual dressing rooms, as well as a bath hosting an expansive walk-through shower and dual vanities. Additional quarters on the ground level include an en-suite guest room with lanai access and additional room currently used as a study. Upstairs, the home opens into a second living space that could be utilized as a media room, recreation room, or fitness studio, with a covered balcony commanding water views. Completing the second level, two guest suites are configured as full en-suites, each with their own view orientation and walk-in closets. The property's deeded dock includes a boat lift, water, and electricity, with deep water access and immediate proximity to the open Gulf. Located near shopping, dining, and entertainment, including Veterans' Park, the property offers the rare convergence of tranquility and accessibility.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,500,000
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 | $4,400,000 | $4,400,000 | $4,400,000 |
| 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% | 6.385% | 6.223% |
| Monthly Tax Payment | $2,663 | $2,663 | $2,663 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $26,380 | $27,092 | $37,130 |
| Total Monthly Payment | $29,168 | $29,880 | $39,918 |
* 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.