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Direct Oceanfront Home. This 3-bed, 3-bath breathtaking contemporary beach home with an oversized 2-car garage is on a corner lot, giving it the appearance of a private island retreat. Designed by Bruce Krall, this iconic 3-story concrete pier fortress offers uninterrupted views of the ocean, sunrises, and surf from walls of windows and multiple balconies.
With east-west doors open, enjoy constant ocean breezes that make every day feel like a vacation. The home features Rolladen storm shutters (regularly maintained) and a new 2024 roof. The ground level includes garage parking, laundry, utility sink, storage, outdoor patios, and space for a dog run.
A turret stairwell leads to the open-concept second floor with sweeping ocean views. A chef's kitchen with bamboo cabinetry, glass backsplash, honey-toned granite, Sub-Zero fridge/freezer, Fisher & Paykel dishwashers, dual ovens, warming drawers, and a 5-burner gas range, walk-out to a patio ready for a gas grill. One full bedroom and bath complete this level.
The top floor features a spacious oversized ocean front primary suite with vaulted ceilings, built-ins, walk-in closet, a primary bath with dual glass sinks, soaking tub, and separate shower. A third ensuite bedroom is located at the southwest corner of the 3rd floor.
Private beach walkover and a short stroll to Flagler Avenue’s shops and dining. This is exceptional oceanfront living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,300,000
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 | $2,640,000 | $2,640,000 | $2,640,000 |
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 | $924 | $924 | $924 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $16,255 | $16,904 | $22,997 |
Total Monthly Payment | $17,304 | $17,953 | $24,046 |
* 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.