Experience the pinnacle of coastal living in this fully renovated and completely FURNISHED 2-bedroom, 2-bathroom DIRECT OCEANFRONT unit in the coveted Towers Eight condominium of Ponce Inlet. Boasting luxurious modern finishes and thoughtful upgrades, including a water softener and tankless water heater, this turnkey furnished residence is ready to impress. Enter into a spacious living area adorned with stone accents, mirrors, recessed lighting, and an adjoining dining space. The gourmet kitchen dazzles with accent lighting, crown molding, granite countertops, stainless steel appliances, and a wine cooler, seamlessly flowing into the oceanfront family room. Step through hurricane-rated sliders onto the expansive balcony, where panoramic ocean views stretch for miles. The primary suite, a serene retreat, features space for a study or lounge, dual walk-in closets, private balcony access, and a spa-inspired ensuite with a glass shower, jacuzzi tub, and double vanity. The guest suite offers privacy and style, with direct access to a chic bathroom. Community amenities include reserved underground parking, an oceanfront pool and spa, a clubhouse with billiards and fitness center, and proximity to dog-friendly beaches, perfect for a pet-friendly building. With no assessments due following the complete building update to meet all of the new required standards, this residence offers peace of mind and unmatched elegance by the sea.
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Our Executive Mortgage Banker:
Our Insurance Division:
$625,000
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 | $500,000 | $500,000 | $500,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $701 | $701 | $701 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,243 | $3,202 | $4,152 |
Total Monthly Payment | $4,036 | $3,995 | $4,945 |
* 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.