Life at the beach couldn’t be better! Start this coming winter season living in this oceanfront luxury condominium. Recently remodeled, this condo features a remodeled kitchen two remodeled bathrooms with custom cabinetry, to walk in closets in the master bedroom, new AC in 2022, new washer, dryer, new flooring and new hot water heater. Almost everything in this condominium has been redone over the past five years. This wonderful dog friendly complex offers a beautiful heated pool a clubhouse and an active community vibe. The HOA has been busy making sure the building is structurally sound by reinforcing the concrete supports to make this one of the best properties on Hutchinson Island. This property comes fully furnished. There is a cozy breakfast nook, and all the windows are impact. Since this property is part of Indian River Plantation, with a fee, you have access to Tennis and Golf within walking distance. Why wait! Life is too short, not to live at the beach!
Type | Level |
---|---|
Bedroom1 | Main |
Bedroom2 | Main |
GreatRoom | Main |
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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 | $956,000 | $956,000 | $956,000 |
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 | $701 | $701 | $701 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,121 | $6,121 | $8,394 |
Total Monthly Payment | $6,947 | $6,947 | $9,220 |
* 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.