This two-bedroom, two bathroom unit in Privateer South has 1, 409 square feet and unobstructed angle gulf views from the side balcony on the northeast corner of the building. The balcony was totally refurbished in December of 2024. There is also a large balcony 4 x 12 off the primary bedroom and a 5 x 6 dressing vanity off the Primary Bathroom. The HVAC system was new in 2018 and had a new coil installed this past week. Terry's Air Conditioning Company services all the unit systems quarterly, which is included in each unit's maintenance fees. All new carpet in 2023. All new hurricane windows and sliding glass doors from 2021 to 2023. A new microwave in 2021, new Bosch dishwasher in 2019. New hot water heater, new refrigerator, and new oven/range all in 2018. There is a 3 x 6 hall closet in the unit entry way for extra in-unit storage. This single retired gentleman lives alone and this turnkey-furnished unit is in excellent move-in condition with blackout shades in both bedrooms. This unit has common laundry in the hallway next to the unit and a storage cage in the hallway close to the unit. The deeded, covered carport parking is #57 on the right side and there is ample parking for guests and a second vehicle. The utilities are inexpensive, FPL $60 and Internet $47 monthly. The interior insurance costs $861 annually. Privateer South is a gated community directly on the beach with a community pool, spa, social room, catering Kitchen, fitness center, bicycle storage room, golf club storage room, and two guest suites. Just outside the community room is a new Paver patio with tables and chairs for dining and relaxing. Two new Webber Grills will be added for cooking very soon. There is an on-site full time Manager and technical director. Privateer South only has five full time residents year round. The other 56 unit owners are seasonal or part time. There are no pets allowed on property and a unit owner cannot rent prior to three years of ownership. After that, there is a waiting list and a three-month minimum. Do NOT be concerned about the $7, 733 amount listed. It is an estimate if one was going to finance this property to purchase and this feature is auto-populated. It is not an additional cost of ownership.
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $751,000 | $751,000 | $751,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.760% | 6.806% |
Monthly Tax Payment | $322 | $322 | $322 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,934 | $4,809 | $6,594 |
Total Monthly Payment | $5,348 | $5,223 | $7,008 |
* 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.