Pre-Construction. To be built. NEW CONSTRUCTION!! This exclusive new construction waterfront home has great sunrise/sunset views from all 3 rear porch levels overlooking the bay. The home is being constructed with a piling in-ground foundation system, and is raised an additional 5' above the required FEMA regulation, for maximum protection against strong storms. The home offers 6 Bedrooms, 4 1/2 Baths, and a 4 Car Garage. This custom home has an elevator serving the 2nd and 3rd floors for total convenience. This floorplan has both a large Master Suite as well as a large Guest Suite both with decks overlooking the water. The open main floor has a large Living/Dining/Kitchen area, also with a large deck overlooking the water. In addition to the main family area, the home has a separate Media Room, and Bedroom #6 can also serve as a large home office. All windows and doors are constructed above the 150mph wind code. The roof will be decorative metal.
The basement has ample room for 4 cars, as well as water toys (jet skis, kayaks, etc. ). The new home also comes with a new custom swimming pool, new boat dock, and new seawall. Across the street is Brown Park, with a new playground area including 2 tennis/pickelball courts.
The home is walking distance, just 3 short blocks to the beautiful beaches of Gulf of Mexico. Newly constructed FLorida homes in exclusive IRB neighborhoods have traditionally greatly increased in value, making a new 2024 Florida home not just a great place to relax and enjoy, but also a great investment.
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:
$3,750,000
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 | $3,000,000 | $3,000,000 | $3,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.128% | 7.061% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,212 | $19,959 | $26,756 |
Total Monthly Payment | $20,337 | $20,084 | $26,881 |
* 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.