Discover luxurious, resort-style living in this stunning corner unit at Redington Towers. This two-bedroom, two-bathroom condo features 414 sq. ft. of outdoor living space, enjoy the sunrise from the private east-facing balcony and the sunset from the wrap-around balcony with unobstructed Gulf views. The home offers sunrise and sunset views year-round from the living room, dining room, kitchen, and primary bedroom. No detail has been spared in the updates and upgrades, including updated kitchen and bathrooms, plank ceramic tiles throughout, hurricane impact stacking sliding doors, and a 2021 AC and water heater. Relax by the beachfront pool, enjoying the gorgeous views of the Gulf of Mexico. Redington Towers is a friendly, social community with a fitness center, clubhouse, billiard room, ping pong, library, and activities like movie night, bingo, and BBQ night with your neighbors. The community also offers wireless internet throughout the common areas, bike, kayak and paddleboard storage, and electric vehicle charging stations. The gated community with 24/7 security ensures convenience with a premium dedicated underground parking spot and a temperature and humidity-controlled storage unit. Don’t Worry - Milestone Inspection is complete and assessments paid with plenty of reserves. This amazing property is also a money maker allowing 30 day rentals and bringing in up to $7, 500 / month during the high season!
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$978,000
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 | $782,400 | $782,400 | $782,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.254% | 6.636% | 6.559% |
Monthly Tax Payment | $677 | $677 | $677 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,881 | $4,945 | $6,762 |
Total Monthly Payment | $5,650 | $5,714 | $7,531 |
* 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.