TURN KEY CONDO with SPECIAL OFFER! SELLER WILL PRE PAY ONE YEAR OF ASSOCIATION FEES for THE NEW OWNER! This fully furnished 7th-floor unit boasts an impeccable rental history and offers breathtaking views of both the river and the ocean from the extended lanai. Step inside and immerse yourself in the spacious open floor plan, where every angle reveals stunning vistas. Vinyl plank flooring throughout adds a touch of elegance while ensuring easy maintenance. The kitchen is a chef's dream, featuring quartz countertops that exude timeless appeal. Brand new appliances and shaker-style cabinets infuse a beachy vibe, perfect for both relaxing getaways and savvy investment opportunities. With two generously sized bedrooms and two bathrooms, there's plenty of space for family and friends to unwind.
Coastal furnishings and décor add to the ambiance, creating a welcoming retreat by the sea. A large in-unit laundry room and oversized walk-in closets are added bonuses, offering convenience and storage for residents. But the allure of the Ormondy Condo extends beyond its stylish interiors. Residents enjoy access to an array of amenities, including a social room on the 11th floor with a full kitchen and panoramic views, an oceanfront pool for soaking up the sun, shuffleboard for friendly competition, and private beach access for leisurely strolls along the shore. Recent updates, including vinyl plank flooring, impact-resistant sliders, and a new HVAC system, ensure that this condo is not only visually stunning but also equipped for modern comfort and convenience. Don't miss your chance to experience coastal living at its finest. For showing instructions and condo docs (including the reserve study), please refer to the agent remarks and attachments. Welcome home to the Ormondy Condowhere every day feels like a vacation!
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$520,000
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 | $416,000 | $416,000 | $416,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $504 | $504 | $504 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,803 | $2,765 | $3,508 |
Total Monthly Payment | $3,399 | $3,361 | $4,104 |
* 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.