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A fortress in Riverside Heights! Hurricane ready with Double block construction, Impact Windows, 53 Owned Solar Panels with battery backup, and located in a non-flood X Zone (That’s high and dry, no flood insurance required)! This contemporary newer construction home packs a punch with hundreds of thousands of dollars in luxury upgrades in 2022. The jewel is the backyard Oasis with a covered outdoor family room adorned with marble decking, a lanai enclosure with upgraded screens offering 90% UV protection and an extra large in-ground swimming pool with a sun-shelf. Extensive and thoughtful landscaping offers privacy and a perfect space for outdoor entertaining. This home also boasts a fully-owned Solar system, with a 4-battery backup which operates like a generator, that will run your whole home AND heat your pool. You will never be without power. A true Smart Home - everything can be run at the touch of your fingertips via your phone including interior lights, pool equipment, garden lights, irrigation system, hot water heater, keyless locks and garage door opener, and automatic shades. With over 2600 SF, this home lives large with a 2-story entry and office space at the entrance. An open concept living space with eat-in kitchen and family room are at the heart of the home offering built-in storage, a pantry, large island, large windows and ceiling fans. Upstairs you are greeted with an oversized 2nd story loft with built-ins for organizing your exercise/playroom space. Second floor Owners suite is oversized and includes a spa-like bathroom with free-standing tub, walk-in shower, double vanities and a walk-in closet with an upgraded closet system. Down the hall, two large secondary bedrooms with generous closets and a shared hall bathroom. Temperatures are kept in check with spray foam insulation for great HVAC efficiency. Finally, extra storage and an electric car hookup in the garage. Join one of the hottest neighborhoods in downtown Tampa. Riverside Heights is a true neighborhood community with two nearby parks offering playgrounds, ball fields and courts. They are a hub of activity with Halloween events, concerts, playgroups, walkers and pets! Close to Armature Works, the new Publix, the Straz, and miles of Riverwalk, the secret is out…RSH is the best place to live in Tampa! Short commute to downtown Tampa and only 8 mins to the airport. Come explore and make 818 W Adalee your home today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,374,999
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 | $1,099,999 | $1,099,999 | $1,099,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.911% | 6.764% | 6.726% |
Monthly Tax Payment | $1,171 | $1,171 | $1,171 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,773 | $7,043 | $9,582 |
Total Monthly Payment | $8,068 | $8,338 | $10,877 |
* 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.