Experience coastal elegance in this 3BR/3BA FURNISHED Oceanfront Condo on Ponce Inlet's no-drive sugar sand beach. Towers Seven, the southernmost Towers building, offers privacy and a one-year minimum rental policy which contributes to an upscale living environment with no short term renter disruptions. A recently completed seawall delivers robust protection and enhanced peace of mind. With 2, 266 sq. ft. of luxury, this beautiful condo includes two comfortable living areas perfect for hosting, two oceanfront primary suites, plus a third en-suite bedroom - all with sizable walk-in closets. The open floor plan is filled with natural light, and the chef's kitchen features granite counters, white cabinetry, a breakfast bar, and ample storage. Enjoy stunning ocean sunrises from the 36-ft balcony, accessible from the great room and primary suites, and colorful sunsets over the Intracoastal/Halifax River from the second living room. Features include electric hurricane shutters (oceanside), an inside laundry room with dryer and new washer, and an extra work/ storage area. Amenities at Towers VII include a heated pool & spa with all-day sun, an oceanfront fitness center, a spacious social room ideal for entertaining, a secure lobby, assigned underground parking, and extra storage for beach gear. Pet-friendly for two pets up to 60 lbs. Ideally located near a variety of attractions, you can stroll or bike to waterfront dining, live entertainment, the historic Ponce Inlet Lighthouse and Jetty Park, nature parks, the Marine Science Center, tennis and pickleball courts, charter fishing, marinas, a dog park/beach, and more! Note: The piano and select personal items are excluded from the sale; please consult with realtor for details. Don't miss this opportunity to make this furnished oceanfront paradise your home!
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William Raveis Real Estate
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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 | $719,960 | $719,960 | $719,960 |
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 | $960 | $960 | $960 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,851 | $4,670 | $6,421 |
Total Monthly Payment | $5,903 | $5,722 | $7,473 |
* 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.