Presented byHeather Feid |
Under contract-accepting backup offers. This immaculate BAYFRONT home has 8 spacious bedrooms, 8. 5 bathrooms, an elevator to navigate with ease on all THREE floors and is just bursting with elegance, upgrades and a luxurious pool & spa, don’t miss out on this fantastic opportunity! On the main floor you will find an oversized two car garage plus an additional parking pad, an expansive game room and a gorgeous outdoor oasis complete with a fully covered deck to grill out on, lay by the water and enjoy the sea breeze, and swim laps in your private pool & spa, you will have everything you need here! Up the elevator on the second floor you will find the open concept living areas, a convenient half bath and 3 full bedrooms and en-suite bathrooms! Wood flooring takes you into the gourmet kitchen featuring quartz countertops, high-end appliances, stylish gold accents and an expansive center island where you can entertain guests as you prepare a nice meal before all of the daily boating adventures! There is an exquisite chandelier above the dining room and tasteful design work throughout this space including shiplap wall details and pendant lighting. The entire main living area overlooks the water with its own covered patio, open the screen doors and cozy up as you watch incredible sunsets each evening and become totally relaxed as cheerful dolphins swim by, a truly dream-like experience! On the third floor you will find the last 5 bedrooms with en-suite bathrooms, a large seating area and access to the rooftop balcony. The master suite faces the water at the end of the hall with a shared patio entrance, a massive walk-in closet and en-suite with his and her vanities, a grand walk-in shower and soaker stand-alone tub, perfect for unwinding after long boat & beach days. This home is incredibly unique and offers a rare rooftop balcony/patio where you can capture all of the picturesque sunsets and have the 360-degree panoramic view! Centrally located in a NO HOA neighborhood, just 3 blocks from the nearby beaches, 1 block from Bridge Street and all of the popular shopping & dining it offers! If you want a prime investment property or a forever dream waterfront home, look no further than this incredible property. This is a SUCCESSFUL RENTAL PROPERTY and already has FORWARD BOOKINGS IN PLACE.
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$7,828,000
Sales Associate
William Raveis Real Estate
Phone: 401.787.5979
Heather.Feid@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 401.474.4879
Whitney.Rugg@raveis.com
NMLS Mortgage Loan Originator ID 7654
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $6,262,400 | $6,262,400 | $6,262,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 6.989% | 6.936% |
Monthly Tax Payment | $1,071 | $1,071 | $1,071 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $42,191 | $41,140 | $55,417 |
Total Monthly Payment | $43,387 | $42,336 | $56,613 |
* 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.