Direct gulf front views from your comfy, cozy & well-appointed, 5th floor condo with spacious screened-in & slider enclosed lanai facing outward to the west. Day & evening breezes will capture & sweep you away to your own world & enchanting sunsets will bring you to a new level of appreciation & gratitude with each & every viewing. In taking the common elevator to the 1st floor lobby walk-out, it's your choice, the beach-side community pool or toes-in-the-sand on the beach outlining the Gulf of Mexico. Mesmerizing & relaxing is the sound of waves rolling up to the white sandy beach as you stake your claim with chairs & umbrella or as you walk the seashore, your feet are imprinted in the sand & then washed away with each soothing surge of water. Southern Clipper is a complex consisting of 30 total units & this select condo, has 3 ensuite bedrooms, expansive main living area, sizeable kitchen with granite countertops, built-in cabinets, lengthy lanai, laundry in residence, 2nd laundry in outer hallway, 2 parking spaces, & extra storage. Convenient, central Gulf Shore Blvd. N. location within walking or biking distance of Venetian Village shops & restaurants. Considering seasonal or year-round residency, this unit is being offered furnished with a few personal exceptions.
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Our Executive Mortgage Banker:
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$2,595,000
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 | $2,076,000 | $2,076,000 | $2,076,000 |
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 | $506 | $506 | $506 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $13,465 | $13,293 | $18,371 |
Total Monthly Payment | $14,096 | $13,924 | $19,002 |
* 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.