Under contract-accepting backup offers. MOTIVATED SELLER, This 2-Bed 2-Bath Condo may be the best value in the area boasting INCREDIBLE SUNSETS and access for under 680K? Wide open Gulf of Mexico views from your very own balcony! Some features include 2021 Stainless Samsung and LG Appl, 2017 W/H, 2018 Central AC, interior Fire Sprinkler System and Electric Roll Down Storm Shutters for security. The open living area blends seamlessly with your covered balcony surrounding your space with our beautiful sunsets. The Owner's Suite has a full beach view as well with a Walk-in Closet. Intercoastal views can be seen from the spacious Guest Bedroom. This condo's neutral palette is ready for your personal touches and updates exactly to your liking, but priced accordingly. New roofing and a recently updated elevator provides easy access to the 4th-floor. Ground Level amenities include assigned Resident Parking, 4-Guest Spots, Individual Storage, Covered Entertainment Space, and Outdoor Shower. A Trash Chute and 2nd-private storage closet is conveniently located on your floor. Condo Fees Incl: Parking, Water, Sewer, Trash, Ext Insurance Policies, Ext Maintenance, and Weekly Ext Cleaning on each floor. This 10-unit Boutique community, just 1-block from World Famous John's Pass and nestled off the main road with attractive dunes, has a 3-Month Rental Minimum, offering peace and privacy for its owners. IMAGINE LIVING WHERE OTHERS VACATION!!
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $542,400 | $542,400 | $542,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 5.990% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.470% | 6.161% | 5.248% |
Monthly Tax Payment | $826 | $826 | $826 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,296 | $3,248 | $4,286 |
Total Monthly Payment | $4,214 | $4,166 | $5,204 |
* 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.