Available Immediately! This two bedroom and two bathroom unit is located in the most desirable location of the complex with balcony and unit right on the sand. Facing southwest towards Naples and located on the top floor, this end unit is bright and airy. The condo features tile flooring throughout, custom cabinetry, granite countertops, washer and dryer and stainless appliances. Dolphin Way is perfectly situated in the highly desirable and peaceful North end of Little Hickory Island. There is one covered parking space included next to the elevator. Some of the amenities include a pool, direct beach access and tennis courts, grilling area and car wash area on the bay side across the street. Please note the pool and elevators are being renovated at this time. Please note: The Owner is now accepting leases for the fall/winter season 24-25. The Winter Seasonal rate is $8, 500 per month January-April. The rate for the rest of 2024 is $7, 500 August-December 2024.
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Our Executive Mortgage Banker:
Our Insurance Division:
$8,500
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 | $6,800 | $6,800 | $6,800 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $45 | $45 | $57 |
Total Monthly Payment | $120 | $120 | $132 |
* 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.