This magnificent, completely renovated second-floor beachfront condominium is a one-of-a-kind opportunity! Beautiful workmanship and custom renovations throughout. Remastered kitchen with designer Samsung appliances. Plank tile flooring with a coastal wood look throughout. Low-profile recessed dimmable LED lighting in all rooms. New everything such as electric hurricane shutters, glass sliders and impact window. New mechanicals such as air conditioning, electrical panel and water heater. The new open living areas boast majestic gulf views from the living room, kitchen and dining rooms, main bedroom, and your Gulf of Mexico patio! The condominium is on the easy access second floor by elevator or one flight of stairs and comes with a large balcony/terrace right off the front door entrance offering ample space to lounge for morning sunrises or to wind down after a day on the beach. On Big Hickory Island beach between Barefoot Beach and Lover's Key, the beachfront stretch leads to Hickory Islands point, making your morning, afternoon and evening sunset walks amazing. The condominium has a designated covered parking spot and a convenient ground-floor storage room closet for all beach and sports gear. These areas as well as all common areas, pool and spacious community lounge are currently in the process of renovations and will be completed with standards above and beyond. You will want to put this one on your list to see!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,099,000
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 | $879,200 | $879,200 | $879,200 |
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 | 7.406% | 6.762% | 6.830% |
Monthly Tax Payment | $111 | $111 | $111 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,702 | $5,630 | $7,719 |
Total Monthly Payment | $5,938 | $5,866 | $7,955 |
* 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.