Top floor condo with sweeping bay and skyline views. Views of the Gulf of Mexico from your front door. Updated with an open kitchen and great room. Being sold turnkey with deeded covered parking space. Tasteful finishes throughout and 7 panels of floor-to-ceiling impact sliding glass doors. Natural light in all rooms. This layout offers a 35 foot wide lanai. Separate laundry room in unit. Tile through entire residence and lanai. Vanderbilt Bay has a private gated beach walk just across the street. Expansive gulf views from the front of the building are breathtaking. If you are looking for an move in ready condo just steps from Vanderbilt Beach this is it. Walk to the beach, Wiggins State Park, La Playa and several dining spots. Condo has whole house water purifier and newer AC and hot water heater. High speed fiber optics included. Vanderbilt Bay owners can purchase assignment rights to a boat dock (lifts permitted), garage, or cabana upon availability. Quick Gulf access. Unique opportunity and value directly on Gulf Shore Drive. Total building renovation has been done and is now reinforced with updated building codes to current hurricane standards. Don't miss this one!
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Our Executive Mortgage Banker:
Our Insurance Division:
$750,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $600,000 | $600,000 | $600,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $515 | $515 | $515 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,144 | $4,042 | $5,104 |
Total Monthly Payment | $4,751 | $4,649 | $5,711 |
* 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.