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Set on deep water with ocean access in the charming and desirable Village of Tequesta. This brand new, gated, waterfront estate is a striking blend of modern architecture, quality construction and timeless design. This CBS home features a Hambro poured concrete second floor, hurricane glass, and a metal roof, showcasing exceptional craftsmanship and adding peace of mind. Thoughtfully designed with 5 bedrooms, 5 full baths, and 2 half baths, the home is defined by soaring ceilings, expansive walls of glass, and natural light that fills every space. Warm wood tones, Italian porcelain tile, custom cabinetry, and organic textures create a refined yet inviting atmosphere. At the center of the home is the kitchen with Sub-Zero and Wolf appliances, butler's pantry, and oversized center island. Abundant and unique living spaces include family room, living room, theatre, gym/playroom, game room with bar, office, and loft living area. This optionality creates flexibility and privacy for everyday living and hosting at scale. The outdoor setting is equally impressive and features poured cement patios, Turkish marble finishes, separate spa, enormous and modern heated pool, summer kitchen and covered terraces that seamlessly connect to the riverfront. The sprawling and level backyard is a rare feature for waterfront property. Notable value-add aspects of this property include a 20 kW generator, multiple laundry rooms, new sea wall, new dock, 4-car garage, Loxone integrated smart system, and stunning, custom front door. Situated adjacent to Tequesta's finest restaurants, golf, beaches, boutique shopping, and also just 25 minutes to Palm Beach International Airport. Seize this rare opportunity to experience the peace of Tequesta living combined with the highest standard of modern design and new construction.
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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 | $10,320,000 | $10,320,000 | $10,320,000 |
| 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 | $5,432 | $5,432 | $5,432 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $60,225 | $61,874 | $87,086 |
| Total Monthly Payment | $65,782 | $67,431 | $92,643 |
* 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.