MAJOR PRICE REDUCTION and REDUCED TO SELL AT LESS THAN $1k PER SF! Here's your dream waterfront location on a point lot in the Vanderbilt Beach Conners Estates community. Pristine waterfront 5 BR's and 7 Baths, 2 level home on oversized cul-de-sac point lot with over 5k SF living area and over 8k total area, offered TURNKEY. EXPANSIVE western, northern & southern water views offering nightly SUNSETS and unobstructed water views from every room. Home has a roof-top sunning deck for privacy or nightly sunsets across the water. Very LARGE lanai with partially covered lounging and eating areas as well as room for 8+ chaise loungers. Breathtaking views of open waterway. Direct access to the Gulf, 10, 000 lb. boat lift and separate Jet Ski lifts. Your very own private docks await! Launch your boat, kayak, drop a fishing line, or simply bask in the sun. The water is your playground. First level was remodeled in 2023, taken down to the studs, new electrical panel installed, 3 new AC's, new HW Heaters, New LVP Flooring with attention paid to every detail. Hurricane Impact Sliders and Windows, Hurricane Shutter on the front door. Use for season, full time living or build your waterfront oasis. Must see to appreciate this waterfront gem on a highly sought-after lot. Ready for immediate use.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,195,000
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 | $4,156,000 | $4,156,000 | $4,156,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.371% | 6.372% | 6.182% |
Monthly Tax Payment | $3,117 | $3,117 | $3,117 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $25,589 | $25,589 | $35,071 |
Total Monthly Payment | $28,831 | $28,831 | $38,313 |
* 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.