CONDO DID NOT SUSTAIN ANY DAMAGE FROM RECENT STORMS: Nestled in a serene community that perfectly captures the essence of "old Floridaā€¯ this top-floor, 3-bedroom, 3. 5-bathroom condominium offers over 2, 800 square feet of luxurious living space with water views. Featuring elevator access, hurricane impact glass and soaring cathedral ceilings, this residence seamlessly blends classic elegance with modern convenience. The condo boasts fresh interior paint, updated bathrooms, ample storage space, and a dedicated 2-car tandem garage with a large exterior storage closet. The exterior of the building was recently painted and a new standing seam metal roof was installed in 2024. This unique community offers a rich history, with one of its clubhouses originally serving as the private residence of the esteemed Mote family. Residents enjoy exclusive amenities including private beach access via a dedicated ferry, private marina with slips available for lease, three clubhouses, three heated pools, tennis and pickleball courts, and a state-of-the-art fitness center. Pet-friendly and perfect for those who appreciate refined coastal living, this condominium is a rare gem that offers the perfect blend of luxury, comfort, and history.
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Our Executive Mortgage Banker:
Our Insurance Division:
$925,000
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 | $740,000 | $740,000 | $740,000 |
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% | 6.864% | 6.810% |
Monthly Tax Payment | $525 | $525 | $525 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,738 | $4,800 | $6,497 |
Total Monthly Payment | $5,355 | $5,417 | $7,114 |
* 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.