RARE OFFERING ALERT: EXPERIENCE THE EPITOME OF LUXURY AT HAMMOCK BEACH CLUB AND RESORT! Step into the unparalleled elegance of Penthouse Tower 656, an exquisite end condo boasting unobstructed views of the Atlantic Ocean and the renowned Hammock Beach Ocean golf course. Initially reserved for the developer and his family and impeccably designed as a sales model, this condo is truly a one-of-a-kind masterpiece. Revel in stunning ocean and golf course vistas from every window and enjoy the luxurious details: a private elevator into the condo, soaring 12-foot ceilings, travertine and wood laminate floors, Viking range, and a gas fireplace. With 3 en-suite bedrooms and 3. 5 bathrooms, this fully furnished, rental-ready residence promises both opulence and versatility. Membership to Hammock Beach Club is required and includes exclusive access to two legendary golf courses, the Ocean course designed by Jack Nicklaus, and Conservatory by Tom Watson. Also included is a sprawling pool pavilion with five pools, a thrilling water slide, and a serene lazy river. Plus, indulge in over 14, 000 square feet of fitness and spa amenities, diverse dining options, and exceptional tennis, pickleball courts close by, and boat rental slips and services. Don’t miss your chance to own the best of your Florida paradise at Hammock Beach Club. Schedule your private tour today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,898,000
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 | $1,518,400 | $1,518,400 | $1,518,400 |
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 | $930 | $930 | $930 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,722 | $9,722 | $13,331 |
Total Monthly Payment | $10,777 | $10,777 | $14,386 |
* 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.