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Under contract-accepting backup offers. This one-of-a-kind custom built home in the heart of Palma Ceia was designed in 1989 by Stephanie Gaines and thoughtfully updated and remodeled in 2010 by Doug Johnson of Cooper Johnson and Smith architecture and the downstairs reimagined by Joe Toft. Its thoughtful design pays homage to the timeless 9-window architectural style, seen throughout. Featuring 3 bedrooms, 3 full baths, a den, a loft, and a 2-car garage, this residence is built for modern living. The first floor showcases an expansive kitchen designed for culinary enthusiasts and entertainers. Anchored by an oversized island, the kitchen boasts a Thermador refrigerator, a double-oven gas stove, built-in cabinetry, and two convenient appliance nooks. Vaulted ceilings flood the space with natural light, while the adjoining living and dining areas, complete with a gas fireplace and a dry bar with a wine fridge, create an inviting ambiance. The den offers a secondary living space with direct access to the pool area, and a full bath with backyard entry adds practicality for outdoor gatherings. A well-appointed laundry room with custom shelving and abundant storage completes the first floor. Upstairs, the split-bedroom layout features a loft with built-in bookshelves, perfect for an office or flex space. The spacious primary suite includes a private balcony, a walk-in closet with a custom closet system, and a luxurious ensuite with dual granite vanities, a large shower, soaking tub, and private water closet. Two additional bedrooms share a full bath, and a separate art room/sewing room that offers endless possibilities whether for crafting, extra storage, or even a small nursery space. The backyard is a private oasis, fully secured by a block fence and designed for relaxation and entertainment. Enjoy the paved outdoor area, sparkling pool, and ample space for hosting gatherings. This unique home is a rare find, offering timeless design, modern comforts, and an unbeatable location in Palma Ceia. Other updates include a metal roof, PGT windows, 2021 tankless water heater, new exterior paint (2025), pest control maintained, annual A/C service by Caldeco, and it is flood zone X with no flooding in any of the hurricanes. Walking distance to Buddy Brew, Cru Cellars, Starbucks, CAMP Tampa, Palma Ceia Golf Course, and many other Tampa favorites.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,395,000
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 | $1,116,000 | $1,116,000 | $1,116,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.727% | 6.560% |
Monthly Tax Payment | $459 | $459 | $459 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,781 | $7,146 | $9,645 |
Total Monthly Payment | $7,365 | $7,730 | $10,229 |
* 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.