Talk about living the Florida lifestyle to its fullest! You will be amazed at this stunning waterfront estate located in the prestigious gated subdivision of Palmas Bay Club within the Riverwood community. Once you enter the gate, expect to be impressed. The home is situated on a semi- private cul-de-sac on the Spruce Creek. As you drive up the long driveway, take note of the circular driveway and lush landscaping. A 3-car garage is conveniently tucked away on the left side of the house. Upon entering the home, you will be greeted by a winding staircase. To the right is the den, also known as the Christmas room, and to the left is the formal dining room, which leads to the spacious kitchen. The kitchen features an island for easy meal prep and a breakfast nook that opens to a covered outdoor kitchen. The spacious living room includes a cozy gas fireplace, ideal for entertaining family and friends. Sliders off the living room lead to the outdoor living area with a remote screen, providing access to the large enclosed pool and cage. The primary bedroom is also located on the first level, offering a divided sitting area and another gas fireplace. Additionally, the laundry room and pool bath are situated on the first floor. On the second level, you will find three generous-sized bedrooms with spacious closets, two full baths, a home office, and a media room that leads out to the stunning sun deck overlooking Spruce Creek. This home truly embodies Florida living with its exquisite backyard. A paver walkway leads to the deck and floating boat dock. There is a sitting area perfect for bonfires on chilly Florida nights. Schedule your appointment to view this unique and stylish property today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,999,999
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 | $1,599,999 | $1,599,999 | $1,599,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.371% | 6.372% | 6.182% |
Monthly Tax Payment | $1,286 | $1,286 | $1,286 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,851 | $9,851 | $13,502 |
Total Monthly Payment | $11,262 | $11,262 | $14,913 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.