Discover your perfect slice of paradise in this relaxing Cinnamon Beach ocean view condominium, an ideal haven for both vacation getaways and year-round living in one of the area's best-kept secrets. This beautifully appointed condo offers wonderful views of the ocean and the golf course, making it a serene and inviting retreat for all.
Perched along the par-3, 8th hole of the Jack Nicklaus Signature Ocean Course, the private balcony is the perfect spot to enjoy your early mornings. Here, you can be mesmerized by the sunrise and the soothing sounds of the ocean waves.
Step inside to find elegant tile flooring that flows seamlessly throughout the main living areas, leading you to the kitchen, featuring granite countertops, solid wood cabinets, a pantry, and top-of-the-line stainless steel appliances. Every detail has been carefully considered, including crown molding that enhances the living space.
The Master Suite is a private oasis, complete with plush carpeting, a large soaking tub, a walk-in shower, dual vanities, and a spacious walk-in closet. Two additional guest suites provide ample space for family gatherings, ensuring comfort and privacy for everyone. Covered parking with additional storage area.
Enjoy access to a range of luxurious amenities, including an oceanfront heated pool, a second heated zero-entry pool with a water splash zone, a fitness center, hot tubs, café, and game room. This condo is being sold fully furnished and turnkey, ready for short-term rental, making it an effortless investment opportunity. Hammock Beach Club Membership also available allowing additional amenities including golf.
See for yourself why Cinnamon Beach is a favorite destination for so many. Embrace the opportunity to have it all in this extraordinary oceanfront community, where every day feels like a 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 | $503,200 | $503,200 | $503,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $475 | $475 | $475 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,348 | $3,306 | $4,244 |
Total Monthly Payment | $3,914 | $3,872 | $4,810 |
* 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.