PRICE IMPROVEMENT!!! YOU WILL BE AMAZED by the GORGEOUS PANORAMIC VIEWS OF THE GULF OF MEXICO from this LOVELY 5th Floor Condo! Enjoy your morning coffee AND evening cocktails on the BEACHFRONT LANAI in your OWN PIECE OF PARADISE! THIS BEACHFRONT BEAUTY is tastefully decorated, light and bright with all of the comforts of home. . . Featuring 2 Bedrooms and 2 FULL Bathrooms, Electric Storm Shutters, "Wood Look" Vinyl Flooring in the Living Room, Open Den, Dining Room and Master Bedroom - Traditional Tile in the Entry Hall, Kitchen and Bathrooms. The Master Bedroom is GULFSIDE with a NEW VANITY in the Master Bathroom. THE LARGE GREAT ROOM AND EXTENDED LANAI offer perfect space for entertaining. GULFSHORES offers a COMMUNITY POOL, large sunning area, one assigned parking space, COURTS FOR TENNIS AND PICKLEBALL are on the bay side of the property directly across the street as well as guest parking and access to a boat ramp and docks. A/C System and Refrigerator both replaced in 2023, Dishwasher replaced in 2020. Close to shopping, dining and entertainment at La Playa, The Ritz, Pelican Bay, Waterside, Pavilion and Mercato. Great investment opportunity as well - Highly Desirable for Seasonal Rentals!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,399,000
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 | $1,119,200 | $1,119,200 | $1,119,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $614 | $614 | $614 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,259 | $7,166 | $9,827 |
Total Monthly Payment | $7,998 | $7,905 | $10,566 |
* 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.