Under contract-accepting backup offers. Price reduced! Welcome to your dream home in the boaters' paradise of Tierra Verde! This stunning Florida Coastal gem is located on exclusive Paradise Key, offering a perfect blend of luxury and functionality. The unique tri-level floor plan is designed for the ultimate waterfront living experience. As you step inside, you'll be greeted by an expansive open floor plan with soaring 20-foot ceilings and an abundance of natural light. The main living areas feature elegant porcelain tile and wood flooring, anchored by a cozy wood-burning fireplace framed by French doors that open to breathtaking water views. The spacious living and dining areas are ideal for entertaining, and a custom staircase leads to a bright and airy living room on the second level. The modern kitchen is a chef's delight, equipped with granite countertops, a custom hood, double wall ovens, a wall-mounted microwave, two dishwashers, and ample storage. The oversized center island bar is perfect for both intimate gatherings and large celebrations. Ceiling-mounted speakers throughout the home enhance your movie nights and social events with theater-like sound. The split floor plan includes four generously sized bedrooms and three luxurious bathrooms. The master suite is a private retreat with an en-suite bathroom featuring a jetted tub, dual vanities, and a large walk-in closet. The guest bath and pool bath boast gorgeous finishes and thoughtful touches. On the third level, you'll find a charming loft overlooking the main living spaces, providing a cozy nook for relaxation or work. There's also a versatile bonus space, affectionately called the "music room, " perfect for hobbies or a quiet retreat. Step outside to the large elevated covered deck, which leads down to the inviting pool deck. The spacious area is perfect for lounging, grilling, and enjoying outdoor activities. The vaulted screened enclosure surrounds a solar-heated, saltwater pool, creating a private oasis for year-round enjoyment. Situated on an impressive 11, 025 square foot lot, this property offers direct access to the open waters of Tampa Bay and the Gulf of Mexico. Boating enthusiasts will love the private dock with an 11, 000lb boat lift and a jet ski lift. Additional features include a substantial storage area beneath the house, multiple access points for practical storage or a workshop, and a two-car garage. Ideally located near world-renowned Fort De Soto Park, charming Pass-a-Grille Beach, the iconic Don CeSar Hotel, and the vibrant downtown St. Petersburg, this exceptional coastal home offers a perfect blend of luxury, comfort, and an unparalleled lifestyle. With the option to come turn-key and fully furnished, this is an opportunity not to be missed!
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Our Executive Mortgage Banker:
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$2,300,000
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 | $1,840,000 | $1,840,000 | $1,840,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.375% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.387% | 6.498% | 6.413% |
Monthly Tax Payment | $2,081 | $2,081 | $2,081 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,479 | $11,479 | $15,777 |
Total Monthly Payment | $13,685 | $13,685 | $17,983 |
* 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.