DIRECT BEACH VIEWS from this recently updated 2/2 unit in the Gulf-to-Bay complex of "Summer Sands". (*Aerial photos were taken just prior to Hurricane Helene. *) This beautiful unit had NO impact from the recent hurricanes, though the grounds, elevator & pool had some storm damages that are currently being addressed by the HOA. . . Recent, interior renovations include wood-appearance tile flooring for durability and a time-less look, an updated kitchen with new cabinetry & stainless appliances, bathroom renovations, new, tasteful furniture & decor and a wine fridge added to the bar in dining space. There is a spacious, enclosed lanai with access from both the living room & the primary bedroom. Watch the sunsets without having to leave your home! This elevated complex is located just across the street from the beach with spectacular views of the Gulf of Mexico AND extends to the Intracoastal Waterway on the bay side to catch sunrises as well. "Summer Sands" offers a private, heated pool, jacuzzi & a scenic dock on the bay for residents & owners. Two, assigned car spaces and an elevator are conveniently located near this great end unit condo. "Summer Sands" owns the vacant, Gulf front parcel, which protects the unobstructed BEACH VIEWS of this fantastic complex! (*Aerial photos were taken just prior to Hurricane Helene. . . Pool, Pool Bath & Elevator still in need of repairs. HOA to provide updated information, repair dates, etc. when available. )
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Our Executive Mortgage Banker:
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$1,100,000
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 | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.261% | 6.748% | 6.847% |
Monthly Tax Payment | $848 | $848 | $848 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,855 | $5,635 | $7,726 |
Total Monthly Payment | $6,828 | $6,608 | $8,699 |
* 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.