Would you love to live on the beach but are scared of Hurricanes and the potential damage to your building and the associated costs. Good news! This building and unit stood the test of time against all of the recent hurricanes! Situated on the 12th floor of the prestigious Bay Shore Place building, this beachfront condo offers an unparalleled living experience with marvelous views of the Gulf of Mexico.
The potential for customization truly sets this gem apart. Ideal for buyers looking to create their dream coastal retreat, the unit invites a modern touch to elevate its already impressive surroundings. With 2 gulf-front bedrooms each with their own balconies, this property promises a luxurious and comfortable lifestyle.
The Bay Shore Place building itself is a testament to refined living. Residents have access to a beautiful community room, perfect for gatherings and events. Stay active and healthy with the in-building fitness center, or conduct business in the sophisticated board room. For visiting guests, two well-appointed guest suites are available for convenience.
Exciting news for residents – Building is fully operational and as beautiful as ever and the pool is currently finishing up a full renovation, promising an enjoyable experience in the near future. Additionally, the private Park Shore boardwalk grants exclusive access for condo residents to enjoy leisurely strolls along the pristine beach.
Location is key, and this condo delivers on that front. Within walking distance lies the Village on Venetian Bay, offering waterfront dining and shopping opportunities. Immerse yourself in the vibrant atmosphere of this charming area, combining the tranquility of beachfront living with the convenience of nearby amenities.
This home presents not only a comfortable residence with stunning views but also a canvas for buyers to realize their vision of the perfect coastal haven. Explore the potential, embrace the lifestyle, and make this condo your own piece of paradise in Park Shore.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,550,000
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 | $1,240,000 | $1,240,000 | $1,240,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $905 | $905 | $905 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,043 | $7,940 | $10,887 |
Total Monthly Payment | $9,072 | $8,969 | $11,916 |
* 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.