Discover your slice of paradise on the 10th floor of the Ambassador Condominium on Bonita Beach. The Ambassador is truly like no other with expansive beach front balconies stretching the entire length of the unit. Priceless views continue on the front balconies overlooking the bay, perfect for catching the sunrise. The Ambassador is a well-loved building, cherished by owners, residents and return renters alike. Whether you are a sunbather, shell collector or fishing enthusiast, this property checks all of the boxes for your ideal beachfront retreat. With the final phases of restoration underway, there are exciting plans to unveil a brand-new pool and spa in late 2025, the redesigned lobby is nearing completion, building is currently being painted and we are anticipating the return of our plush landscape. While this unit is ready for a buyer's vision, its being offered turnkey furnished to begin your beach escape right away. 2 bedroom, 2 bathroom, extra storage and a deeded under-building parking space. Unit updates include 2023 HVAC, 2020 Hot Water Tank, and 2024 Electric Storm Shutters across the beach balcony. "SEAS" this chance to craft your dream beachfront property and start creating lasting memories. Contact us today for your private showing!
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Our Executive Mortgage Banker:
Our Insurance Division:
$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** | 7.125% | 6.750% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.239% | 6.849% | 7.037% |
Monthly Tax Payment | $170 | $170 | $170 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,929 | $5,708 | $7,848 |
Total Monthly Payment | $6,224 | $6,003 | $8,143 |
* 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.