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Brand new construction situated on an oversized 0. 61-acre lot, 467 Mariner Drive offers a rare combination of scale, quality, and outdoor space within Admirals Cove. Thoughtfully designed with high-end finishes throughout, the home showcases beautiful craftsmanship, quality construction, and expansive living spaces tailored for both everyday comfort and entertaining. One of the property's most unique features is the detached pool house, providing incredible flexibility to fit a variety of lifestyles. Whether envisioned as a guest house, game room, theater, fitness studio, private office, party barn, or the ultimate man cave, the space offers endless possibilities and creates a level of versatility rarely found within the community. The oversized homesite is equally impressive. At 0. 61 acres, the property offers an expansive backyard setting that is exceptionally difficult to find in Admirals Cove. The generous outdoor space creates a true private retreat, complete with a resort-style pool and spa, putting green, bocce court, and multiple areas designed for gathering, entertaining, and enjoying South Florida's year-round outdoor lifestyle. With large-scale entertaining spaces, luxury finishes, a detached pool house, and one of the most spacious backyard environments in Admirals Cove, 467 Mariner Drive represents a unique opportunity to own a newly constructed home on one of the community's most desirable homesites.
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
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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 | $8,000,000 | $8,000,000 | $8,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.000% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.110% | 6.097% |
| Monthly Tax Payment | $2,569 | $2,569 | $2,569 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $47,323 | $47,964 | $66,969 |
| Total Monthly Payment | $50,017 | $50,658 | $69,663 |
* 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.