Under contract-accepting backup offers. Some of the very best ocean views and sunrises from this DIRECT OCEANFRONT 2 bedroom, 2 bath “lockout” condo at the World’s Most Famous Beach premier vacation spot OCEAN WALK RESORT CONDOMINIUMs. This 21st floor “Lockout'' Turn Key condo has two separate one bedroom condos that can be used separately or together. Unit A faces the ocean. Unit B is behind Unit A. Unit A of this two-bedroom condo features a luxurious master bath with jetted, garden tub AND a walk-in shower. Unit B has a full bath with tub/shower. Next door is UNIT 2123, is also for sale and available. Condo 2123 is a mirror image of this unit’s combination. Both units have a stack washer/dryer and full kitchen. Sold furnished/turnkey & ready to occupy or rent to guests. GREAT RENTAL INCOME. Last year this condo had over $100K in annual income. Expert on site property management by Wyndham Resorts. CONDO FEE INCLUDES ELECTRIC. Amazing, resort style amenities including: 2 full-sized outdoor pools; kiddie pool; 2 indoor pools; lazy river; water slide; Turtles Nest Tiki Bar; indoor miniature golf; volleyball; indoor game room; fitness center; children’s activity center; pool tables; free wi-fi ; computer room; restaurant offering room service; 24/7 security; Ocean Walk Shoppes with nightclubs, restaurants & movie theater. Walking distance to the Ocean Center, Peabody Auditorium, Hyde Park Restaurant, Boardwalk amusement center, famous Main St Pier with Joe's Crab Shack, world famous Main Street & Seabreeze Blvd. Perfect opportunity to own your own piece of paradise in the warm, Florida sunshine! Only about an hour drive from the Orlando attractions. No State Mandated Milestone Condo Assessment required on this property.
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Phone: 888.699.8876
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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 | $423,920 | $423,920 | $423,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $496 | $496 | $496 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,576 | $2,576 | $3,350 |
Total Monthly Payment | $3,164 | $3,164 | $3,938 |
* 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.