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BRAND NEW CONSTRUCTION is now complete! This beautiful Southland Park residence offers 3, 689 living SF and 3, 942 total SF with 4 bedrooms, an office (or optional 5th bedroom), and 4. 5 baths. Designed for both everyday living and entertaining, the home features wide-plank white oak floors, custom cypress details throughout, a marble wood-burning fireplace, motorized shades throughout, oversized custom closets, a beautifully designed kitchen with a butler's pantry, and the driveway is pre-wired for optional gate installation. A full-house generator provides an added layer of convenience and peace of mind. The outdoor living space is equally impressive, featuring a heated saltwater pool and spa, multiple terraces, and a summer kitchen finished with book-matched pecky cypress. The home also includes 150 SF of air-conditioned outdoor storage, ideal for bikes, kayaks, holiday decorations, and more. Cooling silica sand beneath the turf helps keep outdoor areas comfortable year-round, while lush tropical landscaping and mature trees surround the property, creating a serene and exceptionally private oasis. Developed by Gus Renny, built by Steve Cury Construction, and designed by SMR Consulting, this exceptional home also benefits from a rare 10-year tax exemption offering approximately $40, 000 in annual savings. Ideally located on one of Southland Park's most desirable streets, just minutes from Palm Beach Island, Worth Avenue, Royal Poinciana Plaza, area beaches, top restaurants, shopping, Palm Beach International Airport, and private aviation facilities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$4,650,000
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 | $3,720,000 | $3,720,000 | $3,720,000 |
| 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 | 6.251% | 6.086% | 6.183% |
| Monthly Tax Payment | $1,561 | $1,561 | $1,561 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $21,709 | $22,303 | $31,391 |
| Total Monthly Payment | $23,395 | $23,989 | $33,077 |
* 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.