Under Construction. Completion date September 2024. Step into a realm of contemporary opulence and enduring sophistication with this magnificent BRAND NEW CONSTRUCTION marvel crafted by the esteemed Bay To Bay Group, a revered boutique builder in the heart of St. Petersburg. This 4 bedroom, 3. 5 bathroom with 3 CAR GARAGE, ELEVATOR and POOL is situated along the prestigious BAYSHORE Blvd, this coastal contemporary sanctuary stands as a beacon of unrivaled refinement and allure. Nestled amidst the company of multi-million dollar residences, it basks near serene water vistas, surrounded by lush parks, the Shore Acres Recreation Center, the newly minted YMCA, and a picturesque pathway leading straight to Downtown St. Petersburg. Upon crossing the threshold of this expertly fashioned abode, the first level, fortified with sturdy block construction, unveils a capacious garage, accommodating three car and a golf cart, while offering abundant storage solutions. Spanning 4 bedrooms and 3. 5 bathrooms, including dual primary suites – one on each level – this residence epitomizes modern comfort and luxury. A voluminous great room equipped with FIREPLACE opens onto a balcony, while an expansive kitchen, with its commodious island, stands as the quintessential venue for hosting gatherings of cherished guests. No facet escapes the meticulous eye of Bay To Bay Group, with engineered hardwood flooring flowing seamlessly throughout, complemented by contemporary porcelain tiles adorning the bathrooms and a dedicated laundry room. Crowned with lofty 10-foot ceilings on the main living area and 9-foot ceilings on the upstairs level with an imposing 8-foot front entry door, fortified with impact glass, and hurricane-resistant windows, the dwelling exudes an aura of security and refinement. Inside, contemporary 8-foot solid doors, adorned with modern trim, chic hardware, and sleek ceiling fans, impart a sense of contemporary elegance. The kitchen, a haven for culinary pursuits, boasts sleek cabinetry, sumptuous quartz countertops, and top of the line VIKING appliances. Ascend via your private ELEVATOR to the third level, where the primary bedroom awaits, complete with fireplace, a covered balcony offering serene morning vistas. The en-suite bathroom beckons as a spa-like retreat, featuring a spacious shower and standalone tub enveloped in exquisite finishes. Transitioning outdoors, a covered back balcony provides a tranquil escape, while a covered lanai tempts with its azure SALTWATER POOL, complete with SPA. The expansive backyard, ensconced within a vinyl fence, promises privacy with an OUTDOOR KITCHEN amidst lush landscaping, complemented by an automated sprinkler system. This extraordinary residence not only embodies meticulous design but also champions energy efficiency, featuring Icynene attic insulation, pre-installed low voltage wiring, efficient LED lighting, and a high-efficiency air conditioning system. Immerse yourself in the splendor of this idyllic property by scheduling a private viewing today. With the opportunity for the buyer to select some finishing touches, this is a rare chance to secure your place within one of St. Pete's most esteemed waterfront communities.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,195,000
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 | $1,756,000 | $1,756,000 | $1,756,000 |
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% | 6.876% | 6.850% |
Monthly Tax Payment | $565 | $565 | $565 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,683 | $11,389 | $15,418 |
Total Monthly Payment | $12,372 | $12,078 | $16,107 |
* 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.