Welcome to your dream Mediterranean-style 4 bedroom (4th bedroom was last used as office and closet was removed), 2. 5 bath pool/spa home located in the exclusive, gated community of Palm Bay. Offering 2, 900 square feet of luxurious living space, this home is perfect for entertaining and enjoying the ultimate Florida lifestyle. Upon entering you’ll be greeted by a freshly painted interior, new luxury vinyl flooring, soaring ceilings, and loads of natural light all back onto a conservation homesite. The open concept great room features a fireplace with custom built-in cabinetry and sliding glass doors that open unto the covered lanai with pool and conservation beyond. The kitchen is a chef’s delight, complete with wrap-around breakfast bar, custom wood cabinetry, stainless appliances and quartz countertops. The kitchen also opens up to a dine-in area complete with butler’s pantry, while a formal dining room offers additional space for special gatherings. Upstairs, the primary suite is your personal retreat. The large bedroom features a balcony overlooking the sparkling pool and conservation beyond, perfect for enjoying morning coffee or taking in the breathtaking sunsets. The primary bath offers dual vanities, a garden tub, separate shower stall and large walk -in dressing closet with custom cabinetry. A versatile 4th bedroom space completes the 2nd floor. Step outside to your private oasis featuring a brick paved lanai, sparkling pool and spa, all overlooking the nature preserve. Palm Bay offers the best of waterfront lifestyle with Bay and Gulf access right from the community marina. Enjoy tennis courts, playground, basketball courts, dog park and private boat ramp that makes Palm Bay so spectacular for those looking for waterfront benefits without paying for water pricing. This home was HIGH AND DRY after Hurricane Helena.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$875,000
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 | $700,000 | $700,000 | $700,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.333% | 6.876% | 6.936% |
Monthly Tax Payment | $762 | $762 | $762 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,540 | $4,540 | $6,194 |
Total Monthly Payment | $5,394 | $5,394 | $7,048 |
* 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.