Welcome to Mariner’s Cove Unit #113! This studio is ready to be your beachside retreat. Mariner’s Cove is conveniently located directly across the street from the beach, featuring a crosswalk at the corner and a brand-new beach ramp access. This prime beach location offers a driving beach to the north and a pedestrian-only beach to the south. Recent renovations include a new insulated, hurricane-rated sliding door installed in 2022 and a new back door and storm door added in 2023. Also has a Mitsubishi mini-split air conditioning system installed in 2023, along with a newly tiled shower featuring a glass door. As a first-floor unit, it offers the convenience of a parking space right outside your sliding glass door,
making it easy to bring in groceries or take your pet outside (owners can only have pets)-no elevators or stairs are needed for access to this apartment. The studio is turn-key, which includes all furniture and contents, such as a king-sized Sleep Number adjustable bed with individual controls for each side to lift your legs or head, a television and lower cabinet, two comfortable reclining chairs, an island with stools for dining, pantry cabinet and a coffee station. Mariner’s Cove has recently undergone a comprehensive roof, balcony, and exterior renovation, ensuring durability for many years. You'll be within short distance of several restaurants, bars, gas stations, tacos, and ice cream shops. Grocery stores are also within near, a short drive, or a bike ride away. Nearby city parks offer walking trails and water access for kayaking or enjoying nature. Amenities at Mariner’s Cove include a pool with restrooms, a laundry room, bike storage, and an assigned parking space right outside your door. Importantly, this property is located in a non-flood zone (X zone). The condo assessments for this residence has been paid in full.
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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 | $203,920 | $203,920 | $203,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.000% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.182% | 6.412% |
Monthly Tax Payment | $244 | $244 | $244 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,357 | $1,357 | $1,735 |
Total Monthly Payment | $1,676 | $1,676 | $2,054 |
* 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.