* THIS PROPERTY IS BEING SOLD FULLY FURNISHED AND TURN-KEY READY, OFFERING AN OUTSTANDING OPPORTUNITY TO GENERATE FANTASTIC SHORT-TERM RENTAL INCOME FROM DAY ONE. * Step into this stunning fifth-floor condominium situated in the esteemed Hammock Beach Resort. Upon entering this residence, you'll be welcomed by tiled kitchen floors and luxurious vinyl plank flooring adorning the main living areas and bedrooms. The kitchen boasts stainless steel appliances, a chic tile backsplash, pendant lighting, and ample cabinet space. The dining area, nestled between the kitchen and living room, is open, airy, and filled with natural light. Discover a perfect blend of elegance and comfort with tray ceilings and crown molding enhancing the living spaces. The master bathroom is a sanctuary with its dual vanity, spacious soaking tub, and floor-to-ceiling walk-in tile shower. The generous walk-in closet offers ample storage for your belongings. Step onto the expansive balcony and marvel at the views of swaying palm trees, the vast Atlantic Ocean, and the pristine Hammock Beach Ocean Course. Accessible from the master bedroom, living room, and one of the guest rooms, the balcony provides an incredible space to unwind and enjoy the scenery. One guest room features an ensuite bathroom with a tub, floor-to-ceiling tile shower, and double sinks, ensuring convenience and comfort for guests. This condo epitomizes coastal sophistication and resort-style living, promising an unparalleled experience. Embrace the opportunity to own this exceptional condo and indulge in the beauty and luxury of Hammock Beach Resort living. As a Hammock Beach member, you'll enjoy access to a plethora of amenities, including two world class golf courses, a lavish spa, multiple swimming pools, fitness facilities, exquisite dining options, and more. The community also offers a vibrant social environment, perfect for connecting with like-minded individuals and forming lasting bonds. Don't miss the chance to make this your new home or an incredible short-term rental investment
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$788,000
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 | $630,400 | $630,400 | $630,400 |
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 | $590 | $590 | $590 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,089 | $4,037 | $5,235 |
Total Monthly Payment | $4,771 | $4,719 | $5,917 |
* 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.