Executive pool home, one house from the beach walk over in exclusive north beach. This home is part of the Minorca Amenities that include clubhouse, tennis courts, work out gym and fishing dock on the Intracoastal. The glass enclosed pool has patio room for Bar-b-ques and great parties. Curb appeal is marvelous with stately columns. Ceilings are 12 ft plus giving a feeling of elegance. This 3 bedroom 2 and half bath home also has an office with granite counters. There is also a dry bar and a wood burning fireplace. The great room layout includes granite counters, dropped pot lighting and very large amounts of kitchen storage. The master bedroom is 27 feet longs and its master bath is very large with a garden tub and a shower and a private toilet stall. The powder room off the living room is perfect for entertaining. House has R-30 attic insulation and has been recently painted on the interior. This Inlet Villas Subdivision is part of the Minorca subdivision whish is oceanfront and riverfront with rights of use for each. Room marked Florida room is the enclosed pool area. Roof is less than 3 years old. 200 amp service. Natural gas is available on Ocean Dr ;Water: City
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Our Executive Mortgage Banker:
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$1,200,000
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 | $960,000 | $960,000 | $960,000 |
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 | 7.532% | 6.723% | 6.806% |
Monthly Tax Payment | $1,337 | $1,337 | $1,337 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,227 | $6,147 | $8,429 |
Total Monthly Payment | $7,689 | $7,609 | $9,891 |
* 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.