Under contract-accepting backup offers. This stunning 100 ft oceanfront home features 3 bedrooms, 3 bathrooms, and includes a separate guest house. Known locally as "The Bunker, " this engineering and architectural masterpiece was constructed to Miami-Dade code standards, designed to withstand wind loads of up to 195 miles per hour. Its robust construction includes concrete pilings extending 20 ft above and below ground.
Inside, you'll find an awe-inspiring interior covered in wood, with artistic framing crafted by a skilled crew from the Carolinas. The breathtaking views from the home are simply unmatched. The primary suite of this oceanfront home is a luxurious upstairs loft that offers an unparalleled blend of comfort, elegance, and breathtaking views. This private retreat is designed to maximize the stunning ocean vistas and provide a serene, intimate space for relaxation. Enjoy relaxing on the expansive wrap around deck - and a beautifully crafted wooden walkover with benches bridges the dunes and provides direct access to the quiet beach. Even has an outdoor shower for added convenience.
Experience the unparalleled sense of security offered by this exceptionally strong structure. Blueprints are available for review and the recent $250, 000 investment in the foundation ensures it will last for many, many years to come. This home is perfect for year-round living or as a vacation rental.
Come see this unique property and experience its charm and strength firsthand.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,150
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 | $1,200,120 | $1,200,120 | $1,200,120 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.371% | 6.348% | 6.182% |
Monthly Tax Payment | $1,003 | $1,003 | $1,003 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,292 | $7,389 | $10,127 |
Total Monthly Payment | $8,420 | $8,517 | $11,255 |
* 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.