This beautiful top floor (6th floor) unit offers an amazing view of the Gulf of Mexico. The“PENTHOUSE LEVEL” elevation creates tangibly improved incredible & sweeping views. This top floor elevation eliminates all visual obstruction between you, the sand & the waves of the Gulf by virtue of towering above the palm trees & dunes of the exceptionally wide Treasure Island beach. The building was recently completed in October 2023. A front and center TOP floor 2-bedroom, 2 full bath with a Spacious balcony. Fully furnished, elegantly decorated with a modern and positive vibe and style. In-unit is a full-size washer/dryer, marble flooring throughout the living are, sleeper-sofa, comfortable LED lighting, all "TURNKEY" and ready to generate income. On the second-floor there is a sports bar, gym, large swimming pool and SPA, beach lounge area, & ROOFTOP LOUNGE. Just perfect! PET FRIENDLY. The Ocean Club has Ample covered & open parking (garage spot with purchase), 24-hour concierge, The proven rental management team & housekeeping are both located ONSITE. You will have an option to continue to utilize the on-site management. Schedule your showing between guest arrivals.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,199,000
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 | $959,200 | $959,200 | $959,200 |
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 | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $209 | $209 | $209 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,221 | $6,142 | $8,422 |
Total Monthly Payment | $6,555 | $6,476 | $8,756 |
* 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.