Outstanding Gulf Front views of the Gulf of Mexico from your wrap around balcony (5 X 41 feet), a northwest corner condo. This 2 bedroom, two bath turnkey (fully furnished) renovated condo shows pride of ownership. This condo is fully stocked with all the kitchen necessities, linens, towels, full size newer washer and dryer. This condo is a 7-day minimum rental with great rentals in place. There is 20” tile throughout the condo with beautiful granite counter tops in the kitchen and both spacious bathrooms, stainless appliances, crown molding, newer thermal windows and sliding doors, one facing west one facing north, bonus walk-in pantry, additional private storage closet in the parking garage for all of your beach toys, TWO, deeded, side by side under building parking spaces and a heated pool, guest parking, makes this the best of beach living. Great location within a short distance to the famous John’s Pass Village, easy access onto and off the barrier islands, closed to restaurants, grocery and convenience stores, post office, public library, two great airports are minutes away. Visit nearby waterfront ROC Park for local entertainment, trails, ball fields/courts, water features and a fishing pier where you can access the local Water Taxi. You will be impressed, a true gem.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
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 | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $957 | $957 | $957 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,635 | $5,635 | $7,726 |
Total Monthly Payment | $6,717 | $6,717 | $8,808 |
* 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.