Incredible investment opportunity in this beachfront condominium. Fantastic views of the plush landscaped areas that lead to the gulf. Enjoy the open living spaces with many windows for a light and bright atmosphere. One spacious bedroom on the top floor with a large walk-in closet and an attached spacious master bathroom. The lower level offers two bedrooms with a large full bathroom and and oversized laundry room. Ample storage and lives like a single-family home. This residence also benefits from a separate entrance on first floor with nearby access to all the beautiful amenities Savoy has to offer. This building has a beautiful atrium and newly renovated lobby area, which has an extremely welcoming atmosphere. Residents of the Savoy enjoy a 24-hour lobby attendant, a beautiful large pool / spa area with covered areas and gas grills to entertain guests, a fitness facility, close proximity to the beach and just minutes to Venetian Village and Park Shore Marina, with boat slips nearby. This location is activity oriented with a Fitness Center, Tennis/pickleball, Bocce, and more. Don't miss the opportunity to own this coastal retreat where every day feels like a vacation. Make this your Park Shore opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$950,000
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 | $760,000 | $760,000 | $760,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $795 | $795 | $795 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,929 | $4,866 | $6,725 |
Total Monthly Payment | $5,816 | $5,753 | $7,612 |
* 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.