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Under contract-accepting backup offers. Welcome home to idyllic Terra Ceia Island! Remaining high and dry without damage from any 2024 storms, this contemporary masterpiece brings modern luxuries to this beloved, “Old Florida” neighborhood. Constructed to the highest standard, this three-story, pool home seamlessly blends indoor and outdoor living spaces with impact windows throughout, pocketing impact-sliding doors and over 2, 500 square feet of courtyard/lanai space! The custom front gate leads you to an expansive, covered lanai overlooking the private pool and Xeriscaped backyard. An environmentally safe insect repellant system means you’ll have maximum comfort in all the outdoor living spaces. A boater's paradise with 85 feet of canal frontage and a 70-foot dock with 10, 000lb boat lift in addition to water and electrical connections. There is also a second set of moorings that can be finished to fit the buyer’s watercraft needs! The first floor boasts office space with a mini-split A/C unit and a half bath that is also accessible to the pool. This spacious home has an open floor-plan to entertain guests, tile flooring throughout for low maintenance and offers endless canal and bay views. The second-floor features: two large secondary bedrooms each with their own walk-in closet and connected with a Jack-and-Jill bath, an additional powder room for guests as well as a large laundry room. A true Chef’s kitchen with state-of-the-art JennAir appliances including gas range, oven, fridge/freezer – all built into custom cabinetry. The third level is entirely dedicated to the primary suite and a landing foyer for the private elevator. Offering views of the Sunshine Skyway to the Northwest and Canal/Bayou views to the South and East, the primary suite offers the perfect, private retreat to unwind. A designer primary bathroom that dreams are made of, including a triple-head shower, oversized tub with a view, personal wine refrigerator and separate vanities. Step through sliding doors into a massive walk-in primary closet equipped with built-in drawers and additional storage. A private balcony overlooking the canal provides the perfect location to wind down and get one last taste of paradise for the day! Ideally located just minutes from the Sunshine Skyway with easy access to the I-75/275 corridor, St. Petersburg, Tampa and Sarasota/Bradenton! Don’t let this once in a lifetime opportunity pass you by!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,250,000
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 | $1,800,000 | $1,800,000 | $1,800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.637% | 6.540% |
Monthly Tax Payment | $1,692 | $1,692 | $1,692 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,937 | $11,377 | $15,557 |
Total Monthly Payment | $12,754 | $13,194 | $17,374 |
* 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.