Under contract-accepting backup offers. Experience the pinnacle of coastal luxury at this magnificent 4 bedroom beachfront residence on Longboat Key. Nestled along the pristine shores of the Gulf of Mexico, this remarkable home offers the perfect blend of contemporary style, relaxation, and elegance. With breathtaking views of the Gulf, every evening becomes a masterpiece as you watch the sun slowly dip below the horizon from the comfort of your private oasis. Immerse yourself in the heated beachfront pool or soak in the hot tub, letting the soothing sounds of the waves envelop you. This residence boasts a spacious 4-car garage, providing ample space for your vehicles and watercraft, ensuring you're always ready for a day of adventure on the water. Inside, the open and airy living spaces are thoughtfully designed with an emphasis on maximizing views and creating a warm, inviting atmosphere. The gourmet kitchen, adorned with top-of-the-line appliances and a spacious island, invites culinary creativity, whether you're whipping up a romantic dinner for two or hosting a grand celebration. With five beautifully appointed bedrooms, there's ample room for family and friends to share in this coastal paradise. The master suite is a sanctuary of comfort and style, featuring its own private balcony for you to savor the colors of the sunset and the gentle ocean breeze. The ensuite bathroom offers a spa-like experience, complete with a luxurious soaking tub. But the real magic lies just beyond your doorstep. Step onto the sugar-white sands of Longboat Key, where you can take long walks along the beach, collecting seashells and creating memories. The beach is your backyard, inviting you to swim, sunbathe, or simply enjoy the tranquil sounds of the sea. Longboat Key offers a unique blend of natural beauty and cultural delights, from exploring nearby parks and wildlife preserves to savoring world-class cuisine at local restaurants. Whether you're a nature enthusiast, an art lover, or a gourmet connoisseur, this location offers something for everyone. This 5-bedroom beachfront haven on Longboat Key isn't just a home; it's an invitation to a life of luxury, where every day is filled with breathtaking sunsets, beachside strolls, and romantic moments. Discover the ultimate coastal lifestyle and create unforgettable memories in this exquisite retreat. " Bedroom Closet Type: Walk-in Closet (Primary Bedroom).
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Our Executive Mortgage Banker:
Our Insurance Division:
$9,750,000
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 | $7,800,000 | $7,800,000 | $7,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $8,494 | $8,494 | $8,494 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $49,944 | $49,944 | $68,484 |
Total Monthly Payment | $58,563 | $58,563 | $77,103 |
* 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.