This 3 story Barefoot Beach home sits on one of the most desirable Southport on the Bay waterfront lots offering the shortest walk to the beach through the dedicated beach access, long west and south bay views plus views of the Gulf of Mexico from the main floor and 3rd floor rooms and decks. If you are a boater this home offers the ultimate dock that will accommodate a 40’ boat with lift plus another small boat or jet skis lift and even kayaks on the shore side and no bridges to the Gulf. This home was completely gutted to its shell (1999), reimagined to a 2024 floor plan and design and is Co’d in 2024, reconstructed to 2024 codes including all new, electrical, one touch lighting, plumbing, air conditioning, hot water heaters, impact windows & doors, impact garage doors, strapping, stucco including stucco siding, exterior trim, 10’ Smart Glass front door with 5 glass panels that auto frost for privacy, Gas front lights, standing seam metal roof including secondary water resistance, pool with 3 fire bowls, elevated spa including equipment, heater and deck, new exterior railings, exterior stairs, tile flooring, brick pavered driveway, all new landscaping, palm trees, sod and a whole house generator. The interior is finished to the highest level in a light coastal design featuring 4 bedrooms 4 1/2 baths and a large open floor plan enhanced by the high volume ceilings throughout but especially in the two story wood beamed great room. There are beautiful wood accents everywhere including shiplap walls, other accent walls and ceilings including the interior of the private elevator. Hardwood floors, custom one of a kind interior railings, all new light fixtures & plumbing fixtures, solid doors and Emtek hardware. Kitchen offers Wolf gas range, Subzero refrigerator and freezer, microwave drawer, wine cooler, dishwasher, solid wood cabinetry, quartz countertops, brick backsplash, an oversized eat at island, walk up bar with beverage refrigerator & sink. The large covered lanai has wide water views over the pool and includes electric screens, tongue and groove wood ceilings, gas grill with hood, sink, and large tv. All 3 Guest rooms are on the main living level with en-suite baths & king size beds finished with outstanding details plus convenient laundry and half bath. The master sits by itself on the upper living level offering the ultimate private retreat, stunning water & gulf views from the bed & open deck for private sunbathing and sunsets. The mater bath includes a shower with rain head left and right wall massaging jets and hand held faucet, a free standing tub centered on the window, his and hers separate sink areas plus vanity, a morning bar, laundry & custom closet. The covered lower lanai off the pool features a gray stone fireplace with large screen above. A 4 car garage and large lower level (finished to code). This property is offered furnished move in ready. Southport on the Bay is a double gated community with 24 hour guard patrols.
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:
$6,995,000
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 | $5,596,000 | $5,596,000 | $5,596,000 |
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 | $2,103 | $2,103 | $2,103 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $37,701 | $37,230 | $49,908 |
Total Monthly Payment | $39,929 | $39,458 | $52,136 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.