Presented byShawn Olson |
Spectacular ocean views from this 2 bed, 2 bath designer renovated unit in the much-desired 2774 S Ocean Inc building! Views of nothing but crystal blue ocean, tropical greenery and the pool from your covered balcony. Southern exposure keeps unit sunny, light and bright all day. Popular split floor plan and both bedrooms and living area open up to the private balcony through all glass, high impact floor to ceiling sliders. Large custom walk-in built out closets, washer/dryer allowed in unit. Building-owned wooded parcel of oceanfront land directly to the South is priceless providing privacy and tranquility to the entire building.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$1,000,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 561.236.8217
Shawn.Olson@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 | $800,000 | $800,000 | $800,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $549 | $549 | $549 |
H/O Insurance Payment | TBD | TBD | TBD |
Initial Principal & Interest Pmt | $5,122 | $5,122 | $7,024 |
Total Monthly Payment | $5,763 | $5,671 | $7,573 |
* 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.