Inspired by the timeless charm of New Orleans, this is a masterfully crafted Greek Revival-style home with graceful balconies bringing the feeling of the French Quarter to a custom estate on Cutlass Cove. Crafted by the owners in collaboration with their builder with long water views across the sheltered cove and quick access to the Gulf via Gordon Pass, this home was designed with the finest finishes and attention to detail for Florida living. The main living level hosts diverse spaces for entertaining and relaxation - a parlor and formal dining area give way to the spacious family room with the water views beckoning you to the rear balconies overlooking the pool. The casual sunroom is a favorite spot year-round with fireplace and a built-in grill for a quick meal. The kitchen is a masterpiece with stunning cabinetry and double chandeliers lighting the expansive center island workspace. The owner’s wing features a large sitting area with morning kitchen, luxurious bath with soaking tub, and a private library/study encased in wood-lined bookshelves. Upstairs, family and guests can enjoy one of three suites adjoining the large sitting room. Deeded beach access.
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Our Executive Mortgage Banker:
Our Insurance Division:
$22,950,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $18,360,000 | $18,360,000 | $18,360,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.799% | 6.876% | 6.850% |
Monthly Tax Payment | $6,698 | $6,698 | $6,698 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $122,150 | $119,083 | $161,200 |
Total Monthly Payment | $128,973 | $125,906 | $168,023 |
* 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.