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Welcome to this brand-new waterfront estate in College Park, offering sweeping east-facing wide water views of Ibis Isle and the Palm Beach Par 3. Built by High Tide Waterfront Properties, this custom residence blends modern luxury, resort-style living, and exceptional craftsmanship throughout. A gated entrance leads to an expansive four-car garage with ceiling heights designed to accommodate car lifts, making it ideal for automotive enthusiasts. From the moment you walk through the front doors, stunning water views immediately command your attention. Designed for both entertaining and everyday living, the chef's kitchen is a showpiece featuring dual oversized islands wrapped in Taj Mahal stone, a six-burner gas range, premium appliances, and a hidden walk-in pantry. The adjacent wet bar is truly unforgettable, highlighted by a backlit Cristallo 12-foot waterfall island and a 200-bottle glass-enclosed wine wall, all perfectly positioned to overlook the water. The floor plan offers two luxurious primary suites, one on the main level and another upstairs, both featuring spacious his-and-hers closets and spa-inspired baths. A VIP guest suite is so impressive it could easily serve as an additional primary retreat. Built for entertainment, the home also features a private movie theater, game room, and an oversized upstairs loft with a covered terrace capturing panoramic waterfront views. The backyard was designed to feel like a private resort. Enjoy an oversized infinity-edge pool, massive spa, submerged bar seating tucked beneath a dramatic waterfall feature flowing from the covered lanai with integrated LED lighting, and a stunning step-down fire pit perfect for entertaining along the water. Additional outdoor amenities include a summer kitchen, putting green, private beach area, and a brand-new 300-foot dock with riparian rights. Located just minutes from downtown West Palm Beach, this is a rare opportunity to own a truly exceptional new-construction waterfront estate.
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$12,900,000
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 | $10,320,000 | $10,320,000 | $10,320,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | $4,352 | $4,352 | $4,352 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $60,225 | $61,874 | $87,086 |
| Total Monthly Payment | $64,702 | $66,351 | $91,563 |
* 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.