Under contract-accepting backup offers. Introducing a luxurious haven nestled within the pristine landscapes of the Ocean Course at Hammock Beach, this impeccably renovated condo offers an unparalleled fusion of coastal elegance and resort-style living. Boasting breathtaking vistas of the ocean and the verdant greens of the 8th hole, this end unit promises a lifestyle of tranquility and sophistication. This distinguished property welcomes residents and guests with a striking panorama, courtesy of 12 large hurricane-rated windows that frame the azure horizon. Step onto the expansive balcony, where the rhythmic waves of the Atlantic Ocean serenade, and the manicured fairways of the Ocean Course unfold in a captivating tapestry of greens. This vantage point, perfectly positioned at the intersection of natural splendor and refined leisure, invites moments of relaxation and reflection. Inside, the essence of coastal chic permeates every corner, with meticulously curated upgrades and renovations that exemplify timeless sophistication. The open floor plan is bathed in natural light, creating an ambiance of warmth and serenity. Elegant finishes adorn every surface, from the gleaming floors to the designer fixtures, ensuring a seamless blend of style and functionality. Designed for both comfort and convenience, this condo offers three bedrooms, including two master suites with en-suite bathrooms, providing an oasis of privacy and relaxation. A third bathroom caters to guests, enhancing the allure of this residence as a welcoming retreat for family and friends. Impeccably maintained with care and attention to detail, this unit stands as a testament to quality craftsmanship and enduring appeal. While offering the option of short-term rentals, it presents a versatile opportunity for year-round living or indulgent resort-style vacations. Situated within the highly coveted Cinnamon Beach development, this condo represents the pinnacle of coastal living, offering unparalleled views and access to world-class amenities. Whether seeking a permanent residence or a temporary escape, this property embodies the epitome of luxury living on Florida's East Coast. Experience the allure of seaside living redefined at this exclusive address, where panoramic views, refined finishes, and an abundance of natural light converge to create an incomparable sanctuary by the sea.
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Our Executive Mortgage Banker:
Our Insurance Division:
$925,000
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 | $740,000 | $740,000 | $740,000 |
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 | $823 | $823 | $823 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,800 | $4,738 | $6,548 |
Total Monthly Payment | $5,715 | $5,653 | $7,463 |
* 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.