Rare Opportunity to own a PREMIER BEACHFRONT unit at the SAND CAY BEACH RESORT. This is a highly sought after, main floor, direct GULF FRONT residence with walkout to beach. Well established VACATION RENTAL with SUBSTANTIAL INCOME. Unit 103 is COMPLETELY RENOVATED, STYLISH AND MODERN in hues of grey, black and white, complemented by all new furnishings, window treatments and recessed lighting. The living room boasts a large flat screen tv, EXPANSIVE COMFORTABLE SOFA with chaise and a recliner. Adjacent DEN can be closed off for privacy and can be utilized as an office, bedroom, or quiet reading room or opened to be part of the living room and common space. The PRIMARY BEDROOM includes a KING BED, wall mounted flat screen tv, a generous closet and an en suite full bath with walk in shower and brand new glass shower enclosure. The second bedroom can sleep up to 3 and has 2 twin trundle beds, with one that can open to become a king. It also includes a flat screen tv and a small desk. Fully stocked kitchen with bright white cabinetry, and GRANITE COUNTERS. First floor units include a laundry room with a brand new large capacity LG stacked washer and dryer and additional storage that is lockable behind a sliding door. New AC System just installed. Resort amenities include heated pool, tennis / pickle ball courts, barbecue area and beach chairs. Great MID ISLAND location close to numerous restaurants, St Armands Circle, Anna Maria, Golf, Shopping and more.
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:
$1,299,999
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 | $1,039,999 | $1,039,999 | $1,039,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.538% | 6.874% | 7.430% |
Monthly Tax Payment | $1,053 | $1,053 | $1,053 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,919 | $6,745 | $9,203 |
Total Monthly Payment | $8,097 | $7,923 | $10,381 |
* 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.