AVAILABLE TO SHOW! Welcome to your beachfront oasis! This stunning 7th-floor condo offers breathtaking balcony views of the Gulf of Mexico. This property features 1, 285 square feet that includes 2 bedrooms and 2 full bathrooms. It is being offered fully furnished—all you need is your bathing suit and a toothbrush! The light and bright great room plan boasts an open flow between the kitchen, living area, and dining space, perfect for relaxation and entertainment. Take a refreshing dip in the pool after a long day at the beach, then unwind on the spacious balcony to enjoy a stunning sunset. With an onsite management team, your beach retreat remains worry-free. This property also has a strong rental history, making it an excellent vacation rental investment. Residents and guests at Jamaica Royal enjoy deeded covered parking, plus Tiki Huts and chairs on the private beach. Located in a prime spot, you can immerse yourself in island life with local restaurants and lively music that are just a trolley or bike ride away. Don’t miss out on this incredible opportunity to own a piece of paradise!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,299,900
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 | $1,039,920 | $1,039,920 | $1,039,920 |
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 | $854 | $854 | $854 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,659 | $6,659 | $9,130 |
Total Monthly Payment | $7,638 | $7,638 | $10,109 |
* 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.