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Price Improvement! Fantastic opportunity for this BRAND NEW construction. The Lowest priced New ELEVATED construction on all of Longboat Key. Custom built & is Ideally located to take advantage of all that LBK has to offer. This luxury residence is just steps away from your Private DEEDED & GATED beach access. Every detail of this home has been carefully considered to create the perfect beach home. Built to the latest hurricane codes with impact rated windows/doors, high wind metal roofing, Base flood Elevation etc. . providing peace of mind and assurance that your beach oasis will endure whatever mother nature throws at it. From the 2 levels of covered outdoor deck space, to the Additional rooftop deck with 360-degree water views, to the open full-sun pool & spa, every aspect of the property has been tailored for island living. Now offered Turn-key furnished, perfect for enjoying on day one. The sparkling pool is a true highlight, heated with in-pool bench seating, a sun shelf ideal for kids & pets, plus ample space for laps. The oversized spa provides a relaxing retreat for all guests. The main level welcomes you with a spacious garage & sliders that open to a large landscaped & fenced-in yard (Perfect For the PETS), a poolside cabana, outdoor shower & the expansive pool deck. Inside, the open-concept living space is flooded with natural light, creating an inviting & airy atmosphere. Adjacent is a chef's dream kitchen, complete with a large island, top-of-the-line appliances, & a large dining area for family meals. A convenient half-bathroom is also located here. Each bedroom features its own ensuite, ensuring privacy & comfort for everyone. The first bedroom, situated on the main level, is ideal for guests w/ its private location. The upper level houses a convenient laundry area & three additional bedrooms. The primary suite boasts an oversize bedroom, a spa-like ensuite bathroom with dual vanities & a giant walk-in shower, & a desk area for remote work. The third bedroom, the perfect "Bunk Room" w/ an attached bathroom with a shower/tub combo. The fourth bedroom with ample space an ensuite. Each level of the home includes outdoor deck space, culminating in the rooftop deck. Large enough for loungers & a dining table, this space is perfect for enjoying the Florida sunshine or dining with a view of the water. Your private deeded beach access ensures a serene & secluded beach experience (Appx 300 yards from your front door) In addition to its beachside charm, the property boasts one of the most walkable locations on Longboat Key. Restaurants, parks, clubs, gyms, shopping & entertainment are all just steps from your front door. Directly across the street is the Cedars East Tennis Resort & Club, offering an impressive array of recreational amenities, including heated Junior Olympic-size lap pool, 9 Har-Tru Tennis courts, 3 pickle courts, clubhouse w/ proshop, 24-hour fitness center, Poolside tiki bar, & charming European-inspired restaurant. This exceptional facility enhances your experience, seamlessly blending resort-style living with the ultimate LBK lifestyle. Whether a relaxing getaway or an active coastal lifestyle, this Longboat home provides everything you need for an extraordinary island experience. Neighboring 80*105 Vacant Lot is also being offered for sale by the same owner. Opportunity for Buffer, Overflow, Investment, etc. Come see it today!
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$2,499,000
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 | $1,999,200 | $1,999,200 | $1,999,200 |
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 | $485 | $485 | $485 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $12,147 | $12,801 | $17,278 |
Total Monthly Payment | $12,757 | $13,411 | $17,888 |
* 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.