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Potentially the BEST INVESTMENT opportunity in the coveted Vanderbilt Beach area! This well-maintained condo, offered in its original condition, boasts breathtaking PANORAMIC VIEWS of the Gulf of Mexico and the stunning city skyline, epitomizing luxury beachfront living.
Featuring a highly desirable 3-bedroom, 3-bath layout with a split floor plan, this home ensures added privacy for you and your guests. Enjoy oversized balconies facing both east and west, perfect for sunrise coffees and sunset cocktails, along with a private screened lanai in the primary suite wing. Located near the Ritz-Carlton and with proximity to Mercato mall, museums and parks, this location offers abundant dining and entertainment options.
Take advantage of the final stages of renovations in the building's common areas and secure this exceptional opportunity to transform this space into your dream home or a profitable investment venture.
Whether you're looking to create your own family heirloom or resell for a significant return on investment, don't miss this opportunity to unlock your chance to turn this diamond in the rough into your personal gem!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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:
$1,745,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,396,000 | $1,396,000 | $1,396,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.250% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.430% | 6.384% | 6.3327% |
Monthly Tax Payment | $1,182 | $1,182 | $1,182 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,482 | $8,595 | $11,875 |
Total Monthly Payment | $9,789 | $9,902 | $13,182 |
* 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.