Besides the obvious beauty of this newly completed ready to move into community, The developer thought ahead and ensured this brand newly constructed community was tied into the power grid that feeds emergency services the City Hall and Fire Department. This building never lost power during Hurricane Helene, is high and dry, safe and secure and built to the utmost stringency building codes. It is a true fortress. Because of it being new construction, there are no worries about the assessment issues facing older buildings, you have peace of mind, comfort, security and luxury of owning a newly constructed fortress. This boutique building is home to only 27 owners , who enjoy 3 bedrooms and 3 baths, a full sized utility room, spacious island kitchen and living room and primary bedroom that opens up to an expansive and deep back patio that runs the length of the unit. The pet friendly community enjoys its own private pool and hot tub, fully outfitted fitness center, community room, a dedicated storage unit, rooftop panoramic sunset viewing area with men’s and women’s bathrooms and 2 assigned parking spots (one spot having EV charging capabilities). Moen fixtures, GE Cafe series appliances, quality quartz countertops, luxury flooring, slow close solid wood custom cabinets. Walk to the beach in less than 5 mins and pass lots of shops, bars, grocery stores, a pharmacy and restaurants along the way. Walk to ROC park and enjoy the dog park, splash pad, playground, softball fields, pickleball, tennis and basketball courts. A beautiful marina is right behind the community with Freedom Boat club steps away for those who prefer ease of ownership. The developer is allowing immediate occupancy for those who have hurricane damage as long as you pass the credit checks and have a satisfactory deposit and they will allow for a delayed closing if it helps your current situation. We have a few developer units that have never been occupied and are ready for you right now. We are here to help and make it easy for you to be one of the next great residents of the Residences. Only a few developer units remain. The building allows for 30 day rentals. The Developer will consider possible owner financing and possible a trade on damaged waterfront properties towards the purchase.
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Our Executive Mortgage Banker:
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$1,249,900
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 | $999,920 | $999,920 | $999,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,485 | $6,403 | $8,779 |
Total Monthly Payment | $6,610 | $6,528 | $8,904 |
* 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.