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Under contract-accepting backup offers. Welcome to a tropical paradise like no other! Seize the chance to own a slice of luxury at the prestigious 4 Diamond AAA TradeWinds Island Grand Resort. This premier one-bedroom unit not only provides you with up to 28 days of blissful beach living but also opens the door to lucrative opportunities through the highly successful TradeWinds Rental Program. Located on the second floor, this exclusive suite boasts an expansive outdoor balcony terrace, offering unparalleled views of the lush tropical landscape and meandering waterways. The unique feature of an extended walkway area by the front entrance door, adorned with lounge chairs and sitting areas, adds a touch of opulence to your experience. Rarely available, this suite is a gem with a well-appointed living area, two queen beds in the bedroom, and a separate living room with a sleeper sofa. The kitchenette, equipped with a stove top, refrigerator, and microwave, ensures convenience at your fingertips. Dive into a world of endless possibilities with 7 pools, 13 restaurants, water slides, fitness programs, tennis, mini golf, zip-lining, jet ski rentals, beach volleyball, private cabanas, and leisurely paddle boat rides through onsite waterways. This resort is not just a vacation destination; it's a lifestyle. The icing on the cake? On-site management takes care of all rental arrangements through the TradeWinds Rental Management agreement, making this property an ideal candidate for a 1031 IRS Tax Deferred Exchange. This turnkey investment requires no hands-on involvement from the owner. Indulge in million-dollar amenities and enjoy a remarkable return on investment. This is not just a property; it's a golden opportunity. Don't let this one-of-a-kind chance slip through your fingers. Elevate your lifestyle at the TradeWinds Island Grand Resort!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$369,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $295,200 | $295,200 | $295,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.063% | 6.132% |
Monthly Tax Payment | $504 | $504 | $504 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,842 | $1,939 | $2,471 |
Total Monthly Payment | $2,421 | $2,518 | $3,050 |
* 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.