Welcome to this fantastic condo for sale, offering a unique opportunity for waterfront living with a deeded boat slip just minutes away from the stunning Gulf of Mexico. This two-bedroom, two-bathroom unit features a spacious lanai, perfect for enjoying the beautiful views and serene surroundings. While some updating may be needed, this condo is move-in ready and eagerly awaits new owners to make it their own. With a little personal touch, you can transform this space into your dream coastal retreat. The condo's prime location provides convenient access to the Gulf of Mexico, allowing you to easily embark on boating adventures, fishing trips, or simply relax on the water. Imagine spending your weekends exploring the nearby islands, indulging in water sports, or simply soaking up the sun on the pristine beaches. Inside, the condo offers a comfortable and functional layout, providing ample space for both relaxation and entertaining. The two bedrooms provide privacy and comfort, while the two bathrooms ensure convenience for you and your guests. The highlight of this property is the deeded boat slip, a valuable asset for any boating enthusiast. This feature allows you to keep your boat just steps away from your condo, making it incredibly convenient to enjoy the water whenever you please. Whether you are seeking a permanent residence, a vacation home, or an investment opportunity, this condo offers endless possibilities. With its ideal location, access to the Gulf of Mexico, and potential for updates, this property is an excellent choice for those looking to embrace the coastal lifestyle. Don't miss out on this incredible opportunity to own a condo with a deeded boat slip minutes from the Gulf of Mexico. Take advantage of the potential and make this your own piece of paradise today!
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William Raveis Real Estate
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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 | $175,999 | $175,999 | $175,999 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $126 | $126 | $126 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,171 | $1,170 | $1,484 |
Total Monthly Payment | $1,372 | $1,371 | $1,685 |
* 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.