A stunning and rare multi-unit home on Vilano Beach, just blocks from the ocean! Direct access to the beach at the end of the street offers coastal living at its finest with this completely remodeled home, perfectly situated on an oversized corner lot in the Surfside neighborhood. This modern masterpiece offers two separate units, grandfathered in with county zoning, each boasting contemporary design and high-end finishes throughout. Each unit features open-concept living spaces with sleek, modern finishes, and abundant natural light. Enjoy cooking in stylish kitchens equipped with quartz countertops, and custom cabinetry. Each unit offers spacious bedrooms and luxurious bathrooms, providing comfort and privacy for residents. The expansive corner lot and immaculate landscaping offers ample outdoor space, perfect for entertaining, gardening, or simply relaxing in the jacuzzi. You can further enjoy the Surfside community with the public park and tennis courts just 2 blocks away, and catch a beautiful sunset over the intracoastal at the west end of the neighborhood. Additionally, the close proximity to local waterfront dining, the ever developing Vilano Towncenter, and a short drive over the bridge to historic downtown makes the property very conveniently located. Don't miss this rare opportunity to own a beautifully remodeled and unique multi-unit property in one of Florida's most sought-after beach destinations. Whether you're looking for an investment property, a vacation home, or a permanent residence, 213 Palmetto Ave offers it all.
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Our Executive Mortgage Banker:
Our Insurance Division:
$999,995
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 | $799,996 | $799,996 | $799,996 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.250% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.360% | 6.956% |
Monthly Tax Payment | $528 | $528 | $528 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,189 | $4,926 | $7,079 |
Total Monthly Payment | $5,809 | $5,546 | $7,699 |
* 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.