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Welcome to the spectacular Ocean Tower #246 in Hammock Beach Resort, a 3 bed/3. 5 bath/1 office condominium, located in the desirable South Tower of Hammock Beach. Enjoy private elevator access, which opens directly into your magnificent residence. A bright, coastal blue vestibule with stunning LED, bubble-glass chandelier welcomes you home. Immediately, you'll notice breathtaking views of the Atlantic Ocean! The condominium features a transitional, contemporary style with modern light fixtures, perfectly neutral paint colors, luxurious travertine stone floors, a generous amount of crown moulding, and tray ceilings that emphasize the airiness of the space. The open floor plan includes a kitchen, living room, and dining room. You will also find a centrally-located laundry room and an updated powder bathroom. An office is adjacent to the kitchen and may double as an exercise room or as extra guest quarters. The kitchen has timeless walnut cabinets, durable granite countertops, neutral tile backsplash, and upgraded Viking appliances. Entertaining is a cinch with a large buffet that opens to the adjacent dining room and living room, which also has a wet-bar. Natural light pours through large grid windows and a 3-panel sliding glass door located in the living room. Cozy up by the fireplace on those rare chilly winter nights! The sliding doors open to a large, east-facing balcony that flaunts views of a gorgeous green lawn overlooking the Atlantic! Private pool area is just outside your door, but rarely used and always quiet. The massive balcony is shared with the luxurious master bedroom where you can wake-up to the sunrise and enjoy more mesmerizing views of the glistening sea. Huge master bathroom features walk-in shower, soaking jet tub, private water closet, linen closet, and large double-vanity sink. This condominium also has two comfortable guest bedrooms and both are en suite with a full private bathroom, offering plenty of privacy for your guests and extended family. Exquisitely furnished and expertly designed with cool, crisp colors and stylish decor. Experience daily encounters with the therapeutic, salty ocean air and a year-around soundtrack of the relaxing lullaby of crashing ocean waves. The Ocean Towers at Hammock Beach provide the best of both worlds- enjoy easy access to all of the world-class amenities at the Resort, without dealing with all the hustle and bustle of the main building. Reside in peace and tranquility, and enjoy world-class amenities within a short walk with membership to the Club at Hammock Beach. The famous Jack Nicklaus Signature Ocean Course, multi-level swim pavilion with waterslide and lazy river, expansive fitness center and wellness spa, sushi restaurant, upscale-casual restaurants, sports bar, indoor pool, and so much more are all within a short walk. This breathtaking property won't last. Don’t delay!
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Our Executive Mortgage Banker:
Our Insurance Division:
$915,000
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 | $732,000 | $732,000 | $732,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.838% | 7.002% | 6.915% |
Monthly Tax Payment | $728 | $728 | $728 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,932 | $4,809 | $6,478 |
Total Monthly Payment | $5,752 | $5,629 | $7,298 |
* 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.