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Property Description
Crafted by Sarkela Corporation, 249 Alexander Palm Road is a striking waterfront estate positioned along one of Royal Palm Yacht and Country Club's most coveted streets, offering direct Intracoastal and ocean access. A gated approach reveals a commanding arrival, where marble-clad architectural elements set the tone for the level of detail carried throughout. Inside, the residence unfolds with a refined European aesthetic, defined by exceptional materials and a cohesive, contemporary design vision. Custom lighting by Terzani, curated marble selections, bespoke wall treatments, and premium European oak flooring establish a sense of continuity and quiet distinction across the interiors. Spanning 8, 815 square feet, the layout is both expansive and fluid, designed to accommodate both formal entertaining and relaxed daily living. A dramatic two-story living room is anchored by a 24-foot marble fireplace, complemented by a formal dining room with a glass-enclosed wine display, a media lounge with bar, a private office, and a well-appointed kitchen featuring cabinetry by Duccini Milano. The primary suite occupies a private position on the upper level, offering a generous sitting area facing the water, along with dual baths and dressing rooms designed for comfort and privacy. Outdoor spaces are also considered, with manicured grounds framing a covered summer lounge, an outdoor kitchen, a linear fireplace, and an infinity-edge pool with an integrated spa and a sun shelf. Furnishings curated by designer Raquel Mothe enhance the home's architectural clarity and material palette. A private deep-water dock, finished with marble decking and equipped with power and water, accommodates large vessels and provides immediate access to open water. This residence is designed for those who value precision, scale, and a seamless waterfront lifestyle.
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Assumptions and Disclosures
- Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
- This is not a credit decision or a commitment to lend.
- Depending on loan guidelines, mortgage insurance may be required
- If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
- APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
- Your monthly payment is not based on APR, but instead on the interest rate on your Note.
- Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
- These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
- Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
- Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independently verified.
- Please contact a loan specialist to get specific payment examples and information regarding your particular needs.
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