Welcome to this rare gem - a south-facing lot located in the heart of Vanderbilt Beach, Florida. This 80x120, 9600 sq ft lot has been cleared and prepared, eagerly awaiting someone to realize their dream home. Here's your opportunity to be one of the privileged few, joining the exclusive community of just 83 homes situated on the coveted three-figure streets. The property is within walking distance to the stunning Vanderbilt Beach, known for its white sands and clear azure waters. Imagine daily strolls along the beach and breathtaking sunset views right at your doorstep. Just a quick drive away, you'll find the iconic Ritz-Carlton, the trendy Mercato shopping district, and the elegant Waterside Shops. Each offers a unique blend of luxury, style, and convenience, including a range of high-end retailers, restaurants, and entertainment options. This is more than just a lot. It's the start of a lifestyle centered around sun, sand, and luxury. Don't miss this rare opportunity to build your dream home in one of the most desirable neighborhoods in Florida. Take advantage of this south-facing lot, where every day is a beach day. Secure your piece of paradise today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,000,000
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 | $4,000,000 | $4,000,000 | $4,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.826% | 6.936% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $25,944 | $25,944 | $35,396 |
Total Monthly Payment | $26,069 | $26,069 | $35,521 |
* 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.