JUST REDUCED BY $150K!! Welcome to a world of unparalleled luxury and coastal elegance. Nestled within the waterfront community of Island Estates, this remarkable home embodies the epitome of modern beach living, offering a rare opportunity to own a piece of paradise. 42 Midway offers a very popular feature set: Location, boat dock, direct Gulf access, pool, privacy, exclusivity, and of course, the luxurious active outdoor lifestyle that comes with it all. This exquisite 4 bedroom, 3. 5 bathroom residence spans 5, 721 square feet of beautifully designed living space. Revel in the breathtaking panoramic views of the glistening waters from nearly every room, creating an ambiance of serenity and grandeur. The open floor plan layout, designed with the finest attention to detail, offers an ideal setting for both lavish entertaining and intimate family living. The gourmet chef's kitchen features top-of-the-line appliances, sleek custom cabinetry, and luxurious finishes, making it a focal point of the home. Meanwhile, the expansive living areas are adorned with soaring ceilings and walls of glass, inviting an abundance of natural light and picturesque views indoors. Step outside to your own private retreat, featuring a spacious patio with tropical landscaping, a state-of-the-art outdoor kitchen, pool and hot tub and a private dock with a boat lift, offering direct access to the open waters. This waterfront home represents a once-in-a-lifetime opportunity to indulge in the ultimate luxury lifestyle, combining the allure of coastal living with the finest amenities and unmatched natural beauty.
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:
$3,900,000
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 | $3,120,000 | $3,120,000 | $3,120,000 |
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 | $1,710 | $1,710 | $1,710 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $19,978 | $19,978 | $27,393 |
Total Monthly Payment | $21,813 | $21,813 | $29,228 |
* 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.