Indulge in coastal luxury with this exquisite 3rd-floor one-bedroom condo, nestled in the prestigious Hammock Beach Resort. Situated on the coveted North side, this unit boasts unparalleled views of the ocean, lush tropical landscapes, and the expansive pool complex. From your private balcony, immerse yourself in the mesmerizing vistas where the ocean meets the horizon, creating a serene backdrop for your everyday living. Fully furnished and meticulously upgraded, this condo epitomizes elegance and comfort. With your Hammock Beach Club membership, take advantage of the resort's exceptional amenities, including a multi-level pool complex featuring outdoor pools, a lazy river, water slide, and poolside dining. Indulge in a plethora of activities, from championship golf courses designed by Jack Nicklaus and Tom Watson to tennis matches at the state-of-the-art Tennis Center overlooking the Intracoastal waterway. For year-round relaxation, the resort offers a large indoor heated pool, ensuring you can unwind regardless of the season. With unlimited rental opportunities, this condo presents a lucrative investment option, allowing you to capitalize on the booming short-term rental market while enjoying the perks of ownership. This condo at Hammock Beach Resort offers the perfect blend of luxury, convenience, and opportunity. Don't miss your chance to embrace the Florida beach lifestyle and make this coastal oasis your own.
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Our Executive Mortgage Banker:
Our Insurance Division:
$350,000
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 | $280,000 | $280,000 | $280,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $313 | $313 | $313 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,886 | $1,861 | $2,361 |
Total Monthly Payment | $2,274 | $2,249 | $2,749 |
* 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.