Discover the elegance of this stunning coastal retreat on the pristine beaches of Indian Shores located right on the Gulf of Mexico. This exquisite property blends sophisticated design with breathtaking natural beauty. As you enter this luxurious home, you’re greeted by open-concept living with sparkling views of the Gulf of Mexico waters. The gourmet kitchen is a chef’s dream, featuring stainless appliances, custom cabinetry, and a generous island perfect for entertaining. The adjacent dining area and expansive living room create an ideal setting for both intimate gatherings and grand celebrations, along with a half bath, all while offering stunning beach views. Walk out onto the porch with your morning cup of coffee or your favorite bottle of wine for breathtaking sunsets. Upon entering the downstairs bedroom you are ensuring comfort and privacy for family and guests. Your guest will also have their very own en-suite full bathroom with an amazing ocean blue walk in shower. As you make your way up the stone staircase, the primary suite is a private haven, boasting a luxurious en-suite bathroom with a large glass shower enclosure showcasing amazing water views, a separate tub and dual sinks. Also, ample closet space, a private area for a small office and laundry area. Walk out on your very own private balcony for breathtaking views of the Gulf of Mexico. An added highlight of this property is the completely updated garage guest house. This versatile space features modern amenities with stylish finishes, making it perfect for guests, extended family, or as a private retreat. This amazing guest house also has its own laundry area. Below the amazing guest house offers a 2 car garage to store all of your extra toys for the beach or bay. The meticulously landscaped grounds provide an idyllic backdrop for outdoor dining, sunbathing, or simply soaking in the stunning sunsets. In addition to enjoying this amazing home for yourself and family, you have the option for income. This property offers nightly rental income if you choose or income just on the guest home, so many options to choose from. Indian Shores has no minimum rental restrictions! This coastal retreat is just not a home, but a lifestyle—a perfect blend of luxury, comfort, and unparalleled Gulf Coast charm. The original beach home was built in 1948 with the addition and some renovations completed in 2016. Don’t miss your chance to own this exceptional piece of paradise. Schedule your private tour today and let us show you how to experience the life of coastal living.
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William Raveis Real Estate
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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 | $3,400,000 | $3,400,000 | $3,400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 6.258% | 6.201% |
Monthly Tax Payment | $3,109 | $3,109 | $3,109 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $20,659 | $20,659 | $28,691 |
Total Monthly Payment | $23,893 | $23,893 | $31,925 |
* 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.