9940 S Ocean Drive, #1102, Jensen Beach, FL, 34957 | $425,000

Beach Front! Imagine watching the sunrise over the beautiful Atlantic as you sip your coffee from this home's 11th floor balcony. Then head down to relax on the beach to the sounds of seagulls and surf. Enjoy a leisurely swim in the sea or in either of the two freshwater pools: one heated. Join friends on the facility's own tennis courts or bring your fishing poles to catch dinner. Welcome to your new paradise! This two-bedroom, two-bath home is now available in the sought after Oceania North 1 Condominium. This unit has been partially updated with a recently remodeled guest bath and new flooring in the main living areas and bedrooms. Air conditioner and air handler are new in 2024. Oceana North is one of the most active and social buildings in the treasure coast and is located just minutes from downtown Jensen Beach and Stuart. This incredible beachfront property also offers spectacular Indian River sunset views, and a lifestyle most only dream about.

Features

  • Heating: Central
  • Cooling: Central Air
  • Amenities: Elevator(s)Beach,Billiard Room,Clubhouse,Elevator,Fitness Center,Laundry Facilities,Property Manager On-Site,Pool,Storage Facilities,Tennis Court(s),Trash Chute,Gated
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area
  • Complex: Oceana Oceanfront Condo I
  • Year Built: 1975
  • Common Charge: $869
  • Approx Sq. Feet: 1,023
  • Est. Taxes: $1,842
  • View: Intercoastal,Ocean
  • Water Front: Yes
  • Pets Allowed: Yes
  • Pet Policy: Number Limit,Size Limit,Yes
  • Appliances: Some Electric Appliances,Electric Range,Microwave,Refrigerator,Water Heater
  • MLS#: M20047073
  • Days on Market: 80 days
  • Website: https://www.raveis.com
    /prop/M20047073/9940soceandrive_jensenbeach_fl?source=qrflyer
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Listing courtesy of Beach Front Mann Realty

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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9940 S Ocean Drive, #1102, Jensen Beach, FL, 34957

$425,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $340,000 $340,000 $340,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $154 $154 $154
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,291 $2,260 $2,867
Total Monthly Payment $2,520 $2,489 $3,096

* 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.