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This exceptional property presents a rare opportunity to own a masterfully reimagined residence, showcasing an unpresented level of luxury and design entirely new to the exclusive Lanikai Villas community, in the beach and Atlantic Ave district. The developer and designer spared no expense, delivering a complete one-of-a-kind villa with finishes typically reserved for luxury estates. Inside, the sophisticated design showcases European white oak flooring, custom cabinetry and woodwork, elegant wallpaper, and designer lighting. The gourmet kitchen features Bosch appliances and stunning Brazilian quartzite countertops, complemented by an entertainment bar. Impact glass. The villa has light from all four sides, with tropical landscape views. Separate private storage attached to your building and garage storage. Discover the charm of pet-friendly Lanikai Villas, offering garage parking, a heated pool, clubhouse, and a cabana complete with a full kitchen and grill—perfect for entertaining while overlooking beautifully landscaped tropical grounds. Make this your home or home away from home. This is a rare opportunity to own a true coastal gem.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,870,000
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 |
|
|---|---|---|---|
| Loan Amount | $1,496,000 | $1,496,000 | $1,496,000 |
| 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 | 6.228% | 6.086% | 6.183% |
| Monthly Tax Payment | $1,150 | $1,150 | $1,150 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $8,730 | $8,969 | $12,624 |
| Total Monthly Payment | $10,005 | $10,244 | $13,899 |
* 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.