![]() |
Step into coastal elegance with this beautifully updated Cinnamon Beach condo at Ocean Hammock, now offered at an incredible limited-time discount. Perched on the second floor of Building 400, this residence delivers breathtaking views of the Atlantic Ocean and the lush Hammock Beach Golf Course.
Inside, you'll find a sophisticated blend of modern and organic design elements. The newly renovated kitchen features quartz countertops and backsplash, pot drawers, a wine cooler, and custom lighted display cabinets. Additional upgrades include new appliances, motorized custom shades and draperies, and stylish new flooring throughout—creating a serene and refined living space.
Enjoy the ease of maintenance-free living with association fees that cover water and sewer, exterior pest control, building insurance, upkeep, cable TV, and high-speed internet.
Wake up to ocean breezes and indulge in resort-style amenities, including a beachfront pool and hot tub, plus a lakeside recreation center featuring a second pool, fitness center, grille & bar, kids' room, and a cozy community lounge.
Whether you're seeking a primary residence, second home, or a short-term rental investment, this property offers both lifestyle and income potential. Plus, take advantage of a $5, 000 lender credit toward closing costs or an interest rate buy-down when using our preferred lender.
Act fast—this opportunity won't last! Contact us today to schedule your private tour.
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:
$825,000
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 | $660,000 | $660,000 | $660,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.727% | 6.560% |
Monthly Tax Payment | $9 | $9 | $9 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,010 | $4,226 | $5,704 |
Total Monthly Payment | $4,111 | $4,327 | $5,805 |
* 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.