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Experience the pinnacle of coastal luxury with this exceptional waterfront villa, where pristine beach access, private boating, breathtaking bay views, and a rare oversized one-car garage come together to create an unparalleled lifestyle. Perfectly positioned just steps from Beach Access #6, this meticulously maintained residence offers the best of both worlds, effortless access to the Gulf’s sugar-white sands and the convenience of direct boating from your backyard. A private dock with a 7, 500lb boat lift and full water and electric access makes every day on the water seamless, with immediate bay access and just a 10-minute scenic cruise to the Gulf of Mexico.
Designed with both elegance and comfort in mind, this beautifully updated home showcases an inviting open-concept layout that maximizes natural light and highlights stunning bay views. The recently renovated gourmet kitchen is a chef’s dream, featuring stainless steel appliances, white shaker style cabinetry, Iceberg Fan Honed Mosaic Tile Backsplash, and light quartz countertops. The spacious primary suite offers a spa-like retreat with a luxuriously upgraded en-suite bath, complete with a custom tiled walk-in shower and a frameless glass enclosure. A generous guest suite provides direct access to a fully renovated second bath, ensuring privacy and comfort for visitors. Throughout the home, new wide-plank luxury vinyl flooring, plantation shutters, designer lighting, enhance the sophisticated ambiance.
Beyond the main living areas, this home offers exceptional versatility with a ground-level air-conditioned bonus room, perfect for additional living space or a private retreat. Modern conveniences include two new air conditioning units, impact windows and sliders, and an oversized tiled one-car garage with abundant storage. Outdoor living is equally impressive, with two spacious screened lanais overlooking the serene bay.
Set within the exclusive Palm Bay Estates, a boutique enclave of just eight private residences, this home is surrounded by lush tropical landscaping, charming brick-paved roads, and beautifully maintained courtyards. Offering an unmatched combination of prime location, direct water access, and refined coastal living, this rare opportunity invites you to embrace the ultimate beachfront lifestyle.
Schedule your private tour today and discover waterfront luxury at its finest.
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William Raveis Real Estate
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $556,000 | $556,000 | $556,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.108% | 7.063% | 6.152% |
Monthly Tax Payment | $407 | $407 | $407 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,514 | $3,653 | $4,654 |
Total Monthly Payment | $4,013 | $4,152 | $5,153 |
* 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.