Your oceanfront getaway awaits at this beautifully renovated contemporary direct oceanfront retreat. This wonderful condo has beautiful unobstructed Ocean views from the Master bedroom and bathroom as well as all the common areas. Watch the waves crash on the NO DRIVE beach from the sofa or while lying in bed in the morning. Better yet, step onto the balcony and watch the sunrise as you sip your coffee or tea while enjoying your amazing 180-degree view of both the river and the beach, or head downstairs to put your toes in the sand! The entire condo has been updated with quality fixtures. The building also has a fully renovated lobby, club room, and pool! The pool area renovations are being wrapped up now, and the area has a great tropical feel with beautiful landscaping, some new shade areas, and a sandy area to sit and relax with friends without getting on the beach! The condo unit is beautiful, with a large master, a walk-in closet, and an ensuite with a large 2-head shower. The second bedroom is a good size, and the second full bath is accessible from the guest bedroom or the living space. The condo offers an in-unit laundry room and plenty of storage. The entire AC system was replaced in June 2022. Underground parking is available to keep your vehicle cool and protected from the elements during warm or rainy Florida days! Other amenities include the pool, a hot tub, a sauna club room, and a small workout room. Purchase this unit for your full-time use, or take advantage of the strong rental history and rent it out (several bookings are on the books for 2024 and can be transferred or canceled!
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Our Executive Mortgage Banker:
Our Insurance Division:
$609,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $487,200 | $487,200 | $487,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $522 | $522 | $522 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,241 | $3,238 | $4,109 |
Total Monthly Payment | $3,855 | $3,852 | $4,723 |
* 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.