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BEAUTIFUL CONDO IS BEING SOLD FULLY FURNISHED & READY TO GO! Take advantage of this coveted opportunity to generated short term rental income from Day One! Welcome to your coastal oasis. Stunning one-bedroom condo at Hammock Beach Resort boasts spectacular ocean and a Jack Nicklaus golf course views. This property is perfect for personal vacations and also provides a strong investment through the Hammock Beach Resort's short-term rental program. You will be right at home as you enter the spacious foyer that leads into an efficiently designed split bedroom and living room space. The large bathroom offers a double vanity, walk-in shower, and a soaking bathtub. Indulge yourself in the spa-like experience right in the comfort of your own private retreat. The professionally designed kitchenette includes a sink, refrigerator, microwave, and ample cabinet space. You can use this area to prepare light meals, snacks and drinks. Hammock Beach Resort is a landmark oceanfront destination with five star amenities right at your doorstep. Purchase a Hammock Beach Club membership for access to the host of amenities. Enjoy exclusive access to a fabulous fantasy swimming complex with multiple pools, hot tubs, water slide and lazy river. Additional luxury amenities include a full service spa and salon, fitness center, tennis courts, fine dining, putt-putt golf, bike rentals and more! For the golfers, take advantage of the challenge and experience the unparalleled ocean views from the Nicklaus Ocean Course. You can live at the pinnacle of resort living in North/East Florida at the Hammock Beach Resort. This condo offers not only a residence but a lifestyle that is infused with the serenity of coastal living. Call today to experience this exceptional slice of paradise!
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:
$329,000
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 | $263,200 | $263,200 | $263,200 |
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 | $256 | $256 | $256 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,642 | $1,729 | $2,203 |
Total Monthly Payment | $1,973 | $2,060 | $2,534 |
* 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.