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A fresh take on what downtime is meant to be, welcome to barefoot, low-key coastal living nestled between the Intracoastal Waterway and the Atlantic Ocean. Imagine stepping into your backyard, loading the fishing gear onto your boat, and heading out in search of dinner with friends who can't believe their luck at being invited along. Leave your workload, and your shoes, at the door and discover the pure, unbridled antidote to stress found at 5904 Rio Royalle Road. Inspired by a favorite home he built in the Florida Keys, where life on the water was enjoyed to the fullest, the owner found the most desirable canal-front lot with excellent navigability to the Intracoastal Waterway. He began by first creating a home for his vessel, complete with two floating docks and a covered waterside deck for relaxing after a successful day on the water. A firm believer that less is more, he designed the Rio Royalle home with 1, 125SF of thoughtfully planned living space and a 35-foot-wide covered porch overlooking the canal. It's the perfect setting for morning coffee and spectacular sunrises that have a way of changing your perspective, and the evenings are just as inviting. From the moment you arrive, the home's clean architectural lines, expansive pavered driveway, and cheerful yellow beach flowers create a welcoming first impression. The covered indoor-outdoor foyer features custom louvered walls that invite cooling breezes while maintaining privacy. On the 1st floor, a guest bedroom awaits visiting family and friends. A versatile 350SF gathering room offers space for recreation, entertaining or practical storage, while an overhead door opens to waterfront breezes and the brilliant sunsets we enjoy here. A convenient half bath serves both the first-floor living spaces and the outdoor entertaining areas. Upstairs, the expansive covered porch is truly the heart of the home. Facing east toward the water, it embodies the essence of Florida living, where outdoor spaces become everyday living spaces. Inside, the kitchen and living room are arranged in an inviting L-shaped layout, with doors opening to both eastern and western seating areas to capture breezes throughout the day. The primary bedroom enjoys its own water view and features en-suite access to the upstairs bath. The outdoor amenities continue with an elevated 200SF powered shed, a private outdoor shower, and an 11-by-11-foot paver patio topped with a pergola and centered around a fire pit. From there, it's just a few steps to the dock, deck, and endless waterfront adventures. Talk with the residents of Treasure Beach and they'll quickly tell you why they love calling this community home. It won't take long for you to understand why you'll soon feel the same way.
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Our Executive Mortgage Banker:
Our Insurance Division:
$745,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $596,000 | $596,000 | $596,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.603% | 5.952% |
| Monthly Tax Payment | $356 | $356 | $356 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,569 | $3,763 | $4,949 |
| Total Monthly Payment | $4,017 | $4,211 | $5,397 |
* 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.