Presented bySheri Lasley Ruiz |
Pre-Construction. To be built. RARELY AVAILABLE waterfront estate on the OPEN BAY in Madsen Isles, one of South Tampa’s most desired neighborhoods. Custom designed by Steven Anthony Luxury Homes to take full advantage of this spectacular waterfront location, enjoy beautiful sunsets and direct unobstructed bay views, quality fortified new construction and superior appointments in a Coastal Transitional design. Designed on one of the largest South Tampa bayfront lots available at ~ . 4 Acres, ~216 ft of water frontage, this home will feature 7 bedrooms, 7 bathrooms, and full ground floor garage storage for 8+ vehicles. Featuring the latest building codes with full exterior concrete block and piling construction, impact windows/doors, and elevated FEMA-compliant living for flood risk reduction and optimal insurance premiums. Three levels provide state-of-the-art design and breathtaking views, a waterfront heated saltwater pool and spa, new seawall, dock allowance, outdoor kitchen, multiple terraces, and sports court. The first level offers a generous primary suite with private terrace, impressive custom 2 story closet/dressing area and opulent bath with wet room shower/soaking tub, along with his and her offices. The dual island chef’s kitchen boasts top-of-the-line appliances (Wolf & SubZero) expansive pantry and butler’s pantry with easy access to the outdoor kitchen and waterfront terrace. Additional living areas include a private entry in-law/guest suite with kitchenette, family room with gas fireplace, dining room and additional ensuite guest room. On the third level, enjoy numerous covered terraces, stunning views and terrace access from most rooms, a full entertaining bonus room with wet bar and lounge, 4 ensuite guest rooms, laundry room. Additional features include a full security system, surround sound, EV Charging station, elevator, artistic paver drive, landscape lighting. Madsen Isles is an exquisite luxury waterfront enclave of 8 homesites that promise an elite living experience. This luxury community features 6 waterfront properties and 2 off-water, each offering an opportunity for a stunning vista of Tampa Bay with the bonus of buried underground utilities and a beautiful brick paver road. Madsen Isles is located in the Westshore area with A-rated schools and convenience to all that Tampa Bay has to offer. Minutes to Tampa International Airport, shopping/dining, sports venues, and downtown Tampa, while still offering easy access to the beaches and resort areas. Explore the many possibilities for this grand waterfront property. Alternate Plans are also available for this homesite to custom build with Steven Anthony Luxury Homes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$13,950,000
Sales Associate
William Raveis Real Estate
Phone: 941.400.4186
Sheri.LasleyRuiz@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 | $11,160,000 | $11,160,000 | $11,160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.799% | 6.989% | 7.102% |
Monthly Tax Payment | $3,949 | $3,949 | $3,949 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $74,248 | $73,313 | $99,531 |
Total Monthly Payment | $78,322 | $77,387 | $103,605 |
* 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.