Seize this one-of-a-kind chance to own a property with potential for added seclusion or investment. You can acquire the adjacent lot, providing you with unparalleled privacy or a development opportunity.
One of very few island homes constructed with concrete block and impact windows throughout, will provide durability and peace of mind for years to come.
Embrace unparalleled comfort and luxury in this serene oasis featuring completely renovated, resort like pool area offering over 3000 sq feet of seamless indoor-outdoor space, perfect for entertaining or relaxation.
Enjoy expansive terraces and revel in breathtaking panoramic Gulf views from the upper level.
Experience island living at its finest with this stunning water-front property offering easy access to the intracoastal and the Gulf of Mexico.
Inside, you will find four generously sized bedrooms, two full bathrooms along with two half baths.
The kitchen boasts granite countertops, wood cabinets, stainless steel appliances, and a beautifully upgraded island perfect for enjoying breakfast before starting your day in paradise. This solidly built home also features new high efficiency AC units. For added comfort enjoy convenience of an elevator.
There is a brand new jet ski lift and a 16K boat lift is scheduled for completion in the near future.
Located in a unique and tranquil setting, you'll have access to a private beach just moments away. Spend your days paddleboarding, kayaking, or fishing off the dock. Accessible via a short ferry ride or a private boat, envision yourself walking on peaceful, pristine beaches, or simply unwinding by the pool.
There is new construction happening all over the island and this property is move in ready, fully furnished if desired.
If you are seeking a sanctuary away from the hustle and bustle, look no further than this Palm Island paradise! Welcome to your ultimate island escape!
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:
$2,849,000
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 | $2,279,200 | $2,279,200 | $2,279,200 |
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 | $2,537 | $2,537 | $2,537 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,594 | $14,594 | $20,011 |
Total Monthly Payment | $17,256 | $17,256 | $22,673 |
* 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.