Welcome to an extraordinary opportunity to build the home of your dreams directly on the shimmering waters of the Intracoastal Waterway within the exclusive neighborhood of Yacht Harbor Village. Nestled within the confines of a gated community, this vacant lot offers an unparalleled waterfront lifestyle and presents an idyllic canvas for designing your perfect coastal retreat. As the new owner, you have the freedom to craft a residence that encapsulates your unique vision and preferences. Whether you envision a contemporary masterpiece, a charming coastal cottage, or a sprawling Mediterranean-inspired estate, the possibilities are endless. Welcome the opportunity to work with renowned architects and designers to create a home that reflects your personality and seamlessly integrates with the surrounding natural beauty. Embrace the coastal lifestyle, revel in panoramic water views, and build the home you've always envisioned. Secure this slice of paradise and begin crafting memories that will last a lifetime. Membership to the Club at Hammock Beach allows for use of amazing on site amenities, including but not limited to, eight lighted Hydro-Grid clay tennis courts, fitness center & pool.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$319,900
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $255,920 | $255,920 | $255,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,703 | $1,701 | $2,194 |
Total Monthly Payment | $1,778 | $1,776 | $2,269 |
* 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.