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Under Construction. For those seeking an exceptional waterfront lifestyle with unmatched quality and design, this incredible newly constructed John Cannon residence captures stunning bayfront and Intracoastal views from almost every room. The design is as remarkable as its beauty, with every detail carefully curated for a coastal chic style. Situated on over 1. 3 acres, this private gated estate offers the opportunity to build an additional guest house/casita. The long paver drive, accented with palms and lush landscaping, sets the stage for a waterfront lifestyle with a dock and 10, 000-pound lift. Outstanding features in the brilliant design with great room living, open to the chef-inspired kitchen featuring quartz counters, single level island with breakfast bar for casual dining, Viking stainless steel appliances, a 48-inch gas cooktop with vented hood, a built-in oven and convection microwave and optimal walk-in pantry. Elevate your entertaining with the chic wine bar featuring a convenient built-in beverage refrigerator, and upper and lower cabinets. Every detail has been carefully curated by the owner, including tray ceilings, eight-foot doorways, wood flooring, corner pocket doors, PGT impact windows, and stunning baths in exotic tile selections. The pool/lanai area includes a summer kitchen and a heated pool and spa, perfect for entertaining or relaxing while taking in the sublime sunset views to Casey Key. With a main-level owner's suite and an elevator to upper-level bedrooms and a bonus room, this home offers luxury and convenience. The location is just 1. 2 miles to Nokomis Beach and close to downtown Venice, Sarasota, waterfront restaurants, and more. For those who seek an exceptional waterfront lifestyle, nothing compares.
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.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$6,250,000
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 | $5,000,000 | $5,000,000 | $5,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 7.002% | 6.915% |
Monthly Tax Payment | $1,090 | $1,090 | $1,090 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $33,686 | $32,846 | $44,245 |
Total Monthly Payment | $34,901 | $34,061 | $45,460 |
* 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.