Step into a remarkable investment opportunity with this stunning waterfront condo, a top performer in short-term rentals with excellent annual revenue. The property is currently generating in excess of $100, 000. 00 rental income and the building reserves are fully funded.
Your dream coastal getaway awaits!
From the moment you enter, you'll be enchanted by panoramic ocean views that fill the space with natural beauty. The open-concept living and dining area is designed to make the most of its waterfront setting, with sliding glass doors leading to a spacious balcony—ideal for enjoying sea breezes and breathtaking sunsets.
The stylish kitchen boasts updated appliances and a cozy breakfast nook, perfectly balancing form and function. This 2-bedroom, 2-bathroom retreat includes a luxurious primary suite featuring a spa-like en-suite bathroom with dual sinks, a walk-in closet, and private balcony access where you can soak in the sights and sounds of the ocean.
The second bedroom offers a comfortable haven for guests, and the in-unit laundry room ensures convenience after a day spent on the beach.
Located just a short stroll from the shore, this condo delivers a true beachfront lifestyle while being minutes from dining, shopping, and entertainment. Whether you're seeking a savvy investment or a personal seaside sanctuary, this property is the perfect fit.
Don’t let this chance slip away—schedule your private tour today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,350,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,080,000 | $1,080,000 | $1,080,000 |
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 | $1,497 | $1,497 | $1,497 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,185 | $6,915 | $9,482 |
Total Monthly Payment | $8,807 | $8,537 | $11,104 |
* 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.