The Oceangrove floorplan features a striking Craftsman exterior and is a stacked flat available in this community with 2 bedrooms, 2 baths, a study, a 2-car garage, and condo ownership. This open floorplan offers optimized living spaces and is perfect for entertaining guests for a few hours or days. The main living area is just up the stairs accessible from the garage and front door entry. The designer kitchen offers 42" Linen painted shaker cabinets and white with light veining quartz countertops and is adjacent to the dining area and Great Room. There is also an oversized breakfast bar that can seat up to 5. A covered, screened balcony is located just outside the Great Room and provides the opportunity to enjoy the beautiful Florida weather. The owner’s suite is a quiet retreat with a private owner’s bath with shower, linen closet and walk-in closet. The 2nd bedroom is adjacent to the 2nd full bath. The study includes a closet and provides a space for a home office or guest. There is luxury vinyl plank flooring throughout the main living area and the bedrooms, tile in the wet areas. This is also a smart home featuring a voice doorbell, ClareOne touchscreen keypad and Ecobee smart thermostat that will work with Alexa. Photos, renderings and plans are for illustrative purposes only, and should never be relied upon and may vary from the actual home.
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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 | $599,678 | $599,678 | $599,678 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $791 | $791 | $791 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,990 | $3,986 | $5,057 |
Total Monthly Payment | $4,873 | $4,869 | $5,940 |
* 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.