OPPORTUNITY is knocking and you don’t want to miss to this 1BR/1BA unit at Chateau by the Sea, situated on the coveted 3rd (top) floor, offering breathtaking ocean views. RELAX by the sparkling pool, and the sound of the waves. Whether you're looking for a full-time residence, or an investment property this unit is a gem. It comes with coastal decor furnishings and ready for you to move in or start renting out. Chateau by the Sea is pet-friendly (tenants are not allowed pets), and it offers full-time office rental management and on-site maintenance for your convenience. Conveniently located just North of the no-drive beach and 27th Ave Beachfront Park, you're only within 3 miles of Flagler Ave, known for its renowned restaurants. Start your day with beautiful sunrises and a walk along the East Coastline. The 'U' shape of the complex creates a spacious grassy courtyard and a seasonally heated pool, with the beach just steps away. You can request the rental history for this unit. Chateau by the Sea has been recently painted, features new walkway sconce lighting, and boasts a newer roof in 2022. Chateau by the Sea offers a range of amenities, including a clubhouse with a kitchen, shuffleboard, seasonally heated pool, two laundry rooms, and an outdoor grilling area. This is a truly exceptional opportunity to own a piece of paradise by the sea. Don't let this one slip away!
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$374,000
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 | $299,200 | $299,200 | $299,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $332 | $332 | $332 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,966 | $1,989 | $2,523 |
Total Monthly Payment | $2,373 | $2,396 | $2,930 |
* 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.