Experience the ultimate in beachfront living with this extraordinary 1. 6-acre estate on Longboat Key, offering a rare 156 feet of direct frontage along the Gulf of Mexico. Embrace breathtaking water views and spectacular sunsets from every room and multiple balconies. The grand living room features soaring cathedral ceilings and dramatic walls of glass that frame the elevated pool deck with an infinity-edge pool, spa, and endless Gulf views beyond. A private, gated entrance and stately drive lead to a dual staircase entry, setting a tone of sophistication upon arrival. Inside, neutral finishes throughout the approximately 5, 600 square feet of living space provide an easy canvas for personalization. Recent upgrades, including a fully modernized electrical system with enhanced lighting, a new HVAC system, an updated dining room, freshly painted interiors and exterior railings, refinished balconies, high-efficiency washers and dryers, and a state-of-the-art entertainment system ensure the home is up-to-date in both style and technology. Garage space under the home can accommodate up to nine vehicles. This solidly built concrete block home did not sustain any damage from recent storms. Don’t miss this opportunity to own this exceptional beachfront retreat, offering breathtaking views, serene privacy, and refined luxury. The canal side property with boat lifts and dock directly across the street is also for sale offering the opportunity to own both properties beachside to bayside.
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Our Executive Mortgage Banker:
Our Insurance Division:
$12,500,000
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 | $10,000,000 | $10,000,000 | $10,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.250% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.360% | 6.956% |
Monthly Tax Payment | $10,527 | $10,527 | $10,527 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $64,860 | $61,572 | $88,491 |
Total Monthly Payment | $75,511 | $72,223 | $99,142 |
* 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.