Oceanfront luxury in The Watermark Condo. A highly sought after 11 story building. This stunning, newly updated 3-bedroom, 2-bath condo is situated on the 3rd floor of an 11 story building, offering breathtaking, unobstructed views of the Atlantic Ocean. The modernized interior features brand-new flooring throughout, and a completely renovated kitchen with new counters and cabinets, creating a fresh, contemporary feel. Enjoy the seamless indoor-outdoor living experience with sliding glass doors that open onto a spacious balcony, perfect for enjoying sunrises over the ocean. Two convenient elevators for easy access to the unit, along with a dedicated parking space in the garage. Additional secured overflow parking and a nearby public parking lot ensure plenty of space for guests. Community pool & private beach walkover. In the heart of Jax Bch, you're just a short bike ride or walk away from local dining, shopping, and leisurely strolls on the sidewalks that line this popular area
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,195,000
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 | $956,000 | $956,000 | $956,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.851% | 6.790% |
Monthly Tax Payment | $1,208 | $1,208 | $1,208 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,121 | $6,201 | $8,394 |
Total Monthly Payment | $7,454 | $7,534 | $9,727 |
* 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.