A RECENT $200, 000 PRICE REDUCTION and a rare opportunity to acquire one of Tampa's last and foremost historical landmarks in the premier area of Beach Park: Have your own private compound with a magnificent Mediterranean water view estate built in 1925. The property is walled and gated ensuring complete privacy and tranquility; with its own large private deep water dock. This 7545 sf two story jewel is gracefully positioned on over half an acre of verdant landscape providing uninterrupted peace & serenity. This stately home has been updated and renovated to modern standards, without losing the appeal of the Old World charm. The impressive foyer welcomes with a grand staircase & gorgeous Marie Teresa chandelier. The formal living room invites with its expansive ambiance, finely crafted marble fireplace, French silk drapes & exquisite crown molding. Adjacent, a full bar opens to a spacious family room featuring a fireplace accentuating handcrafted box molded wood ceiling, as well as, built-in bookcases. Plantation shuttered French doors open onto a large patio overlooking the 65 foot lap pool and 3 story diving tower. The large formal dining room features "the twin" Marie Teresa chandelier, ornate crown moldings. French doors frame a courtyard view while doors on both ends enhance the feeling of space and allow for seamless transitions between indoor & outdoor entertaining. The culinary center of the home: the Kitchen will satisfy the most discerning chef. Equipped with a large island of granite & state of the art appliances that include: dishwasher, trash compactor, double ovens, electric JennAire cooktop, and a SubZero fridge/freezer ensure cooking delight. It encompasses a cozy nook with views of the pool, perfect for casual meals. Upstairs, the huge primary bedroom suite features decorative molded ceiling, marble fireplace, large closets, balcony overlooking the pool & lush grounds. The large entry sitting room, the en-suite bathroom displays marble shower, toilet, bidet, luxurious jacuzzi tub and large dressing double sink vanity. . . all further enhance the sybaritic appeal. Truly a tranquil oasis for rest and relaxation. Three "Juliet" balconies overlook the grand foyer & winding staircase. Three additional en-suite bedrooms are spacious & bright. Outdoors the 2 bedroom guest cottage with full kitchen affords comfortable accommodations. Also a 2 car garage attaches to a game room with billiard table, kitchen & bath. All overlook the pool which is the focal point of the over half acre grounds. Tucked in-between is a bubbling hot tub ready for your pleasure. What a treasure! This iconic property will delight the most discriminating buyer! The current owners have lived and enjoyed this magnificent estate for 34 years, but have decided to downsize and enjoy their beach condo.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,925,000
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 | $4,740,000 | $4,740,000 | $4,740,000 |
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 | $2,472 | $2,472 | $2,472 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $28,801 | $29,185 | $39,999 |
Total Monthly Payment | $31,398 | $31,782 | $42,596 |
* 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.