Rarely available stunning top floor corner condo on iconic 5th Avenue – Steps to the Beach! This spacious 2 bedroom, 2 bath residence, complete with a versatile den, offers an unparalleled opportunity to create your dream home. As you step inside, you'll be greeted by an abundance of natural light streaming through large windows, accentuating the airy and open layout. The generous living space is ideal for entertaining, while the den presents endless possibilities for a home office, guest room, or cozy reading nook. The well-appointed kitchen features ample cabinetry and counter space, providing a perfect canvas for your culinary adventures. Imagine sipping your morning coffee or an afternoon cocktail on the private enclosed balcony, where you can soak in the vibrant atmosphere of 5th Avenue. The master suite offers a tranquil retreat, complete with an en-suite bath for ultimate privacy. A second bedroom and additional bath ensure that family and friends have their own comfortable space. This condo is not just a home; it’s a lifestyle. With world-class dining, shopping, and entertainment right at your doorstep, you’ll never run out of things to explore. Plus, the beach is just a short stroll away, inviting you to enjoy sun-soaked days and breathtaking sunsets. Whether you’re looking to invest, downsize, or craft your perfect beach getaway, this is your chance to make it your own. Don’t miss out on this rare opportunity to own a piece of paradise on iconic 5th Avenue!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,495,000
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 | $1,196,000 | $1,196,000 | $1,196,000 |
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 | $371 | $371 | $371 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,058 | $7,757 | $10,667 |
Total Monthly Payment | $8,554 | $8,253 | $11,163 |
* 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.