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Nestled on over an acre with more than 200 feet of frontage on the Spruce Creek River, this exceptional custom estate by renowned Gittner Construction is located within the prestigious gated community of Palmas Bay. Offering a 16’ x 30’ boathouse, private dock with AZEK decking, floating dock, metal roof, two new air conditioning systems, and all-concrete construction with poured concrete second-floor flooring, this is a rare opportunity to own one of the area’s premier waterfront properties.
Inside, soaring ceilings and rich Brazilian cherry hardwood floors create an atmosphere of timeless elegance. Thoughtfully designed for both everyday living and entertaining, the home features a central vacuum system, spacious light-filled living areas, an en-suite guest retreat on the first floor, an additional guest bedroom, and an expansive second-floor owner’s suite with a private balcony where unforgettable sunrises illuminate the Spruce Creek River as boats glide effortlessly toward the Halifax River.
Step outside to your own private waterfront paradise. Spend the day boating, fishing, kayaking, or paddleboarding from the boathouse, private dock, and floating dock before returning to relax beneath the covered lanai featuring a fully equipped summer kitchen. The fenced backyard provides privacy while showcasing the natural beauty of this extraordinary riverfront setting.
Built with uncompromising quality, the residence features concrete-filled concrete block walls, poured concrete second-floor construction, a durable metal roof, hurricane-rated Bahama shutters, and two new air conditioning systems, delivering exceptional strength, efficiency, and peace of mind.
This is more than a home—it’s a legacy waterfront estate where timeless craftsmanship, unmatched quality, and the ultimate Florida lifestyle come together on one of Spruce Creek’s most spectacular riverfront homesites.
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:
Our Insurance Division:
$1,310,000
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 | $1,048,000 | $1,048,000 | $1,048,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.235% | 6.203% |
| Monthly Tax Payment | $524 | $524 | $524 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,199 | $6,368 | $8,844 |
| Total Monthly Payment | $6,848 | $7,017 | $9,493 |
* 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.