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Golden location ! (recent teardown sold for $1. 1M), Last chance to buy in P. B. Country Estates before prices double ! This high-and-dry 1. 25-acre corner lot faces a mansion on a quiet dead-end street with paved roads and city water. Built poured concrete for 100 % hurricane protection 150-yr maintenance-free , this home feels brand new. Pool and Jacuzzi ! A split open floor plan, high ceilings, formal living , dining, and a family room with brand-new grey cork floors. Granite breakfast bar, stainless appliances, new crystal chandeliers , New high-tech A/C, new pool equipment, and new garage door , new fence , Fresh paint throughout, new blinds, and a large, screened patio . Bonus Space: Garage is fully under A/C, perfect for Game room or a gym. Great Investment ! Lot value alone 1. 4 Mil the possibilities are endless. Expand to addition on East side / rental home and add a guest house / in lawsuit NW corner, or build workshop, barn, garage . Turn this into a $3. 5M+ estate compound ! Equestrian lifestyle ! just 5 minutes from town shops best restaurants, new hospital and 10 minutes from the beach, golf, airport ! A+ rated best schools in FL. where celebrities live ! Recreation center ! Playground, racquetball No city taxes!
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Phone: 888.699.8876
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
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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 | $1,200,000 | $1,200,000 | $1,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.312% | 6.235% | 6.164% |
| Monthly Tax Payment | $667 | $667 | $667 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,098 | $7,291 | $10,126 |
| Total Monthly Payment | $7,890 | $8,083 | $10,918 |
* 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.