Priced Right! Located on a barrier island with seven miles of pristine beach, this waterfront home offers Sunsets and Gulf views from your master bedroom and direct access to the Gulf of Mexico. Oversized corner lot with plenty of room for a pool. Dock and lift on saltwater canal with no bridges to the Gulf. Open floor plan, large Great room, Spanish tile, Knotty Pine walls and ceilings. Remodeled Kitchen with stage granite, Granite sink, under mount lights, Stainless Steel energy star appliances, wine rack, Kitchen Island has an arched granite slab. Beautiful wood floors. Travertine Master Bathroom with rain shower head. Dual sinks in Master Bath. There is a 1500 gallon cistern connected to the gutter system. The home is connected to public water and Comcast cable. 15 seer Trane air conditioning with UV light. Metal Roof with radiant barrier. Trek railing. Screen porch on 2nd floor. Florida friendly landscaping with various plants. Hexagon deck under the palm trees. Everyone deserves to live on a warm tropical island surrounded by nature, pristine beaches, seashells, and quiet surroundings. The home offers exceptional value and is the lowest priced direct boat access 3/2 on Palm Island.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,375,000
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 | $1,100,000 | $1,100,000 | $1,100,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.606% | 6.622% | 6.680% |
Monthly Tax Payment | $1,263 | $1,263 | $1,263 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,135 | $6,953 | $9,582 |
Total Monthly Payment | $8,523 | $8,341 | $10,970 |
* 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.