TAKE ADVANTAGE OF THIS INCREDIBLE PRICE ADJUSTMENT !! Best value for a WATERFRONT, GULF OF MEXICO CONDO. Imagine fantastic sunrises, blissful sunsets, watching dolphins frolicking, manatees visiting, skillful pelicans diving for fish – nature at its finest in this tranquil coastal environment. This condo has the benefits of all of that and more. Because this condo unit faces North, you are able to see the sunsets and sunrises while avoiding the direct hot sun of the summer and enjoy a comfortable relaxing, living experience year round. This move-in ready unit offers 2 bedrooms/ 2 full bathrooms, den or office space, inside laundry utility and covered open air balcony. You will notice that this unit has been updated to showcase a remodeled kitchen offering an abundance of cabinet space, striking granite center island and built in buffet serving area. Easy care tile flooring is laid on the diagonal for added interest. A neutral color pallette allows you a blank slate to add color and personal touches for creative decorating. Spacious Master Bedroom Suite boasts picturesque water views. Your ensuite private bath has dual sink vanity, expansive closet with mirrored doors and full private shower setting with double glass doors. Attractively appointed Guest Bedroom and Bath. Guest bath offers shower/tub combination. Along with the open air covered balcony providing picture perfect views, so do the floor to ceiling sliders in the living room and Primary bedroom suite provide you with an unbeaten tropical view. This unit comes with a carport parking space that is just a few steps from the main entrance. The front balcony looks over the canal and boat docks. Updates to building itself include a newer roof (approximately 4 years), walkways recently redone with non slip finish. The Condominium Milestone Report has been completed and the building passed. The Gulf Island community provides amenities which include pickleball courts, tennis courts, elevators, water views, swimming pool and a private beach. Live each day as though you are on Holiday in this exciting development. Your monthly fee includes water, sewer, cable and trash, all you pay for is electricity. Boat slips come up from time to time for Rent and / or Sale. Watch the bulletin boards for such notices. Don't delay ~~ come see for yourself and make your Dream a Reality today!!
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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 | $319,920 | $319,920 | $319,920 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $159 | $159 | $159 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,128 | $2,126 | $2,698 |
Total Monthly Payment | $2,362 | $2,360 | $2,932 |
* 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.