Condo is under remodel post-hurricane, HOA is completing all of the updated work. If under contract in time, buyer will be able to select their own flooring, bathroom tiles, cabinets and paint colors!! Can you imagine your brand new condo with all of your handpicked selections?
Welcome to Shell Point! This waterfront, pet-friendly, condominium community allows for monthly rentals and boasts lots of recreational options – heated swimming pool, beachfront kayak launch & storage racks, tennis/pickle ball courts, grill area, putting green, shuffleboard, club house and more!!!
This ground level 2 bedroom, 2 bathroom condo is under renovation. Shell Point #71 will have brand new luxury vinyl, quartz countertops, new stainless steel appliances, wood shaker cabinets, open concept floor plan, new washer & dryer inside the unit, AC is 2024, water heater is 2024! This condo also has covered, assigned parking & private storage area for bikes, beach chairs and more. You do not want to miss out on this one!
This lovely condo is the perfect property to start enjoying your island lifestyle right away! The low HOA of $733 per month covers: Cable TV, Community Pool, Escrow Reserves Fund, Insurance, Internet, Maintenance Exterior, Maintenance Grounds, Manager, Pest Control, Sewer, Trash and Water – everything except your electric bill!
Whether you’re looking for a full-time residence, vacation getaway or investment property, this Shell Point condo has it all! Schedule your private showing today before it’s gone!
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Our Executive Mortgage Banker:
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$600,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $480,000 | $480,000 | $480,000 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $430 | $430 | $430 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,193 | $3,190 | $4,048 |
Total Monthly Payment | $3,715 | $3,712 | $4,570 |
* 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.