Welcome to an exquisite waterfront haven in the esteemed community of Snell Isle in the vibrant city of St. Petersburg. This breathtaking property is poised along the prestigious Bay Point Drive, and epitomizes refined luxury while offering a serene waterfront lifestyle. This architectural masterpiece, meticulously crafted in 2005, and professionally curated with significant updates and remodeling in 2021, presents a symphony of elegance across its expansive footprint that boasts six bedrooms, four baths, and a powder room. Step through the private foyer entrance into an estate that provides a sanctuary for relaxation and grand entertaining. Indoors, the culinary enthusiast is greeted by the pinnacle of culinary refinement within the complete Olde World Cabinetry kitchen remodel. You will appreciate the Premium Wolf and Sub-Zero appliances inclusive of a Perlick ice maker and two Sub-Zero Designer wine storage units with a capacity of up to 204 bottles of wine. The kitchen also showcases a voluminous walk-in pantry, a well-appointed dry bar, an appliance garage, a convenient prep sink, an expansive island, and an eat-in kitchen area, seamlessly integrating with the family room. Adorned with soaring vaulted ceilings and framed by panoramic water views, the family room bathes in natural light, offering space for intimate gatherings. The luxurious primary suite with city skyline views, a walk-in dressing room, and a fully remodeled bath features a Toto Neorest toilet, dual rain showerheads, and double split floating vanities. Descending to the lower level, a junior suite offers seamless access to the enveloping, wraparound-covered outdoor entertaining area with a gas fireplace and multiple seating alcoves. The outdoor alfresco oasis is enhanced by a Sekas pool with a sun shelf, LED lighting, and state-of-the-art pool equipment. Embrace the allure of waterfront living with 118 feet of prime shoreline, complemented by a Speeler boat dock outfitted with a 24, 000-pound Neptune G6 SuperFast boat lift, Neptune dual G6 10, 000-pound high-speed jet ski lift, and a paddleboard lift, including ship-to-shore power, Trex decking, intimate seating enclaves, and ambient, uplight LED illumination. Mere moments from the Vinoy golf course and a short drive from downtown St. Petersburg, residents can enjoy effortless access to an array of upscale boutiques, cultural landmarks, and culinary delights. This tranquil and distinguished executive-style residence exudes an air of immaculate sophistication, further heightened by recent revamps, including a Sonos sound system, dual Navien tankless water heaters, a comprehensive whole-house water filtration/softening system, a 27-kilowatt Generac generator, Hunter Douglas auto shades, artisan-crafted Hubbardton Forge interior lighting and recessed LED illumination. A haven of elegance and sophistication, this perfectly situated property allows for enjoying both the serene waterfront and the vibrant city of St. Petersburg. You can indulge in the epitome of waterfront refinement and find that 109 Bay Point Dr. NE is truly a remarkable place to call home!
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Our Executive Mortgage Banker:
Our Insurance Division:
$7,690,000
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 | $6,152,000 | $6,152,000 | $6,152,000 |
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 | $5,387 | $5,387 | $5,387 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $37,380 | $37,380 | $51,914 |
Total Monthly Payment | $42,891 | $42,891 | $57,425 |
* 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.