IF YOU WANT A WATERFONT HOME THAT CAN WITHSTAND A HURRICANE, THIS IS THE ONE. THIS HOME WAS BUILT BY A DISASTER RECOVERY SPECIALIST. IT IS BUILT TO WITHSTAND HURRICANE FORCE WINDS AND CONSTRUCTED 16. 4 FT ABOVE SEA LEVEL. IT EXPERIENCED NO DAMAGE FROM THE RECENT HURRICANES MILTON & HELENE.
Welcome to your dream home on Tillett's Bayou, a peaceful inlet off Miguel Bay, with the Gulf of Mexico just a short boat ride away! Located on the charming Island of Terra Ceia, this custom luxury home offers a lifestyle filled with kayaking, fishing, and boating right at your doorstep. The island boasts a rich heritage, with 2/3 of it preserved as the Terra Ceia Island Historical Area and Aquatic Bird Sanctuary.
Enjoy the convenience of being just minutes away from St. Petersburg, Bradenton, and Sarasota, with easy access to the beaches and cultural delights such as ballet, opera, symphony performances, live theaters, and museums. Explore famous beaches and experience world-class fishing, all within a short drive. According to MapQuest, you're just 23 minutes from St. Pete, 11 minutes from Bradenton, and 28 minutes from Sarasota.
Built in 2020, with the utmost care and attention to detail, you enter the home through your full size elevator from the ground floor opening into your living area. This home meets rigid hurricane specifications and sits securely on 4, 000 PSI concrete pilings, 16 feet above sea level. The exterior features 2x6 walls with extra insulation, custom-made impact windows, and cement siding, providing high hurricane protection and energy efficiency. The owner/contractor is open to customizing the interior and exterior to suit your tastes once the property is yours.
Step inside to an oversized living area and a spacious open kitchen, perfect for entertaining. The first level houses the Master Bedroom and a Billiard room, while the second floor offers generously sized bedrooms and a gym. Some furnishings are included, with others negotiable. There's even a great spot for a pool and space for horses!
This lovely home on a quiet street is your own piece of paradise. Come and experience the warm, welcoming atmosphere of this stunning property. It's more than a home; it's a lifestyle waiting for you!
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$1,999,999
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 | $1,599,999 | $1,599,999 | $1,599,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $342 | $342 | $342 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,245 | $10,245 | $14,048 |
Total Monthly Payment | $10,712 | $10,712 | $14,515 |
* 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.