Introducing Villa 5, a truly one-of-a-kind residence within Oceana Key Biscayne, an exclusive collection of just 12 private villas designed by Arquitectonica. This 7-bedroom, 5. 5-bath home including maid’s quarters, plus office spans 5, 187 SF and sits on a prime cul-de-sac corner lot of 11, 000 SF, offering the privacy of a single-family estate with world-class beachfront resort living. Villa 5 is uniquely positioned with features no other villa offers. It is the only residence equipped with a 50 KW commercial-grade diesel generator with Automatic Transfer Switch, capable of seamlessly powering the entire home. It also features the only private rear gate with direct access to Sonesta Drive, enhancing both privacy and convenience. Additionally, it boasts the largest driveway in the community, comfortably accommodating 6+ vehicles, an exceptional and rare feature. Outdoor spaces are thoughtfully curated for both relaxation & entertaining, with lush landscaping, a serene pergola retreat, and an extended pool area featuring an outdoor BBQ and sink, perfect for al fresco dining. Interiors are filled with natural light and offer a seamless indoor-outdoor flow, embodying refined coastal living. Residents enjoy over 500' of private beach, resort-style pools, beach service, on-site dining, tennis, a state-of-the-art fitness center, and spa amenities. A rare opportunity to own a truly unmatched villa in Key Biscayne, offering exclusivity, privacy, and features that cannot be replicated.
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:
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Our Executive Mortgage Banker:
Our Insurance Division:
$10,500,000
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
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $8,400,000 | $8,400,000 | $8,400,000 |
| 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 | 6.350% | 6.361% | 6.203% |
| Monthly Tax Payment | $8,548 | $8,548 | $8,548 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $50,362 | $51,720 | $70,884 |
| Total Monthly Payment | $59,035 | $60,393 | $79,557 |
* 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.