|
Welcome to 71 Michigan Avenue – Where Coastal Luxury Meets Modern Sophistication Just 1, 000 feet from the pristine beaches of Long Beach, this exceptional FEMA-compliant residence offers the perfect blend of luxury, comfort, and coastal living. Situated on a rare double lot, this expansive 5-bedroom, 4. 5-bath home was thoughtfully designed for entertaining, relaxation, and year-round enjoyment. From the moment you arrive, the property impresses with outstanding curb appeal, featuring a full-size garage equipped with Level 2 EV charging, covered carports, and parking for up to five additional vehicles—an extraordinary amenity in Long Beach. Inside, a sun-filled open-concept layout showcases walls of Pella windows and doors, a striking gas fireplace, and seamless indoor-outdoor living. The designer chef's kitchen serves as the centerpiece of the home, complete with a large center island, premium Bertazzoni range and oven, wine refrigerator, walk-in pantry, and abundant cabinetry and workspace. The main living area opens to a sprawling wraparound deck overlooking a private, fully fenced backyard retreat. Perfect for entertaining, the outdoor space features multiple gathering areas, an outdoor shower, and plenty of room for dining, lounging, and enjoying summer evenings. The luxurious primary suite offers a true sanctuary with vaulted ceilings, a spa-inspired custom bath, an oversized walk-in closet, and a private terrace ideal for morning coffee or sunset views. Four additional bedrooms and multiple bathrooms provide ample accommodations for family, guests, or a dedicated home office. The versatile ground level includes additional living space with a full bath and direct access to the backyard, making it ideal for guests, a fitness studio, recreation room, or flexible multi-purpose use. Additional features include tankless hot water, 200-amp electric service, and access to a spectacular rooftop deck via a custom skylight stairway. From above, enjoy breathtaking panoramic views of the Atlantic Ocean, Reynolds Channel, and the iconic New York City skyline. Whether you're searching for a primary residence, a luxurious beach retreat, or the ultimate entertainer's home, 71 Michigan Avenue delivers an unparalleled lifestyle just one hour from Manhattan, with convenient access to both Penn Station and Grand Central. Experience coastal living at its finest.
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:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
$1,775,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $1,420,000 | $1,420,000 | $1,420,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.069% | 6.110% | 5.932% |
| Monthly Tax Payment | $1,791 | $1,791 | $1,791 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,841 | $8,514 | $11,792 |
| Total Monthly Payment | $9,757 | $10,430 | $13,708 |
* 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.