Beach house on the Ocean overlooking the Lighthouse in oceanside enclave. Completed in 2020 by Bomar Builders and perfected by owner w ground floor guest suite, home office and 2nd family room. Delivered furnished with an efficient 3 level floor plan w 6 ensuite bedroom/baths plus 2 powder rooms & private office. Stone & wood flooring connected by a floating walnut, glass staircase, roomy commercial elevator. Separation of indoor/outdoor spaces is minimal so you feel connected to nature. Swim, surf, kiteboard, windsurf & create sandcastles. Hillsboro Shores privacy is unrivaled for an oceanfront retreat as there is no public car parking & limited beach access with permits. EV station, sauna, gym, infinity spa, glass wine wall. Call Listing agent 4 details/showing Matterport Tour attached.
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Our Executive Mortgage Banker:
Our Insurance Division:
$16,000,001
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 | $12,800,001 | $12,800,001 | $12,800,001 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $16,747 | $16,747 | $16,747 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $83,021 | $81,960 | $112,383 |
Total Monthly Payment | $99,893 | $98,832 | $129,255 |
* 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.