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Welcome to the luxurious fifth-floor penthouse at 8 Palm Terrace, in the esteemed Belleair Country Club, renowned for its award-winning golf course offering two 18 holes courses and the Belleview Inn. Step into a world of opulence and sophistication in this impeccably designed home, where every detail exudes elegance and warmth with engineered hardwood floors that span throughout the residence. With two expansive terraces offering breathtaking views, indulgent sunlight floods every corner, creating a serene ambiance ideal for relaxation. Indulge in the ultimate culinary experience in the pristine, never-used kitchen, where the allure of modern appliances and premium finishes awaits. Enjoy panoramic views from every room, ensuring every moment spent in this home is accompanied by the beauty of its surroundings. Plus, as a turnkey property, all the luxurious furniture comes included, allowing you to move in seamlessly and start enjoying your new lifestyle right away. With a total of four car garages for those car enthusiasts, the building sits 35 feet above the water, no mandatory flood insurance needed. Homeowners are welcome to Belleview Inn amenities pool and gym. This building is the only building that has additional community space to enjoy on the first floor. Don't miss out on this unparalleled opportunity to elevate your lifestyle in the epitome of luxury living within the exclusive Belleair Country Club.
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:
$4,100,000
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 | $3,280,000 | $3,280,000 | $3,280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.799% | 6.888% | 6.850% |
Monthly Tax Payment | $3,620 | $3,620 | $3,620 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $21,822 | $21,274 | $28,798 |
Total Monthly Payment | $25,567 | $25,019 | $32,543 |
* 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.