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Perfect Mothers Day Purchase for Your favorite Girl. Gulf-front, small 2 story private complex of just 4 units - Circa 2003. . Completely Remodeled - Three Bedrooms / Two baths with 1, 520 square feet. Turnkey, capable of fully furnished . Top floor - southwest corner unit - private rooftop terrace with long-range gulf views, remodeled with impact glass, impact sliders, new plank tile flooring, new kitchen, new baths, new wall finish, oodles of closet space, professionally decorated plus a large poolside 4-by-10-foot storage / cabana/ cage. Ideal for beach chairs, boogie boards and bicycles. Your private beach home comes with a one-year minimum rental policy that does not allow short-term rentals so you know your fellow neighbors. The Sundowner complex has a heated gulf-front spillover spa and pool for owners and their guests to enjoy. 7th Avenue has no public parking west of Gulf Boulevard, no crowds here and 25 restaurants within 1/2 mile in either direction. Residence #201 conveys with two under-building garage spots, secured elevator - you need key to call from garage landing. Spacious corner unit with plenty of natural light, an open floor plan (15-by-28-foot great room), enjoying impressive long-range gulf and beach views. Your gulf-front balcony has private access to your rooftop terrace. Primary Bedroom suite on the gulf side - completely remodeled main bath, walk-in shower with bench and multiple shower heads, two linen closets plus a large separate 4. 10-by-10 foot walk-in closet. Your beach retreat awaits. Unit is set up as a smart home - allowing Owners to control thermostats, lights, and other devices remotely or voice activated. The Sundowner is a well-maintained four-unit building with a privately run association and monthly maintenance of $980. Enjoy the photos, floor plans and walk-through tour. Unit shows great. Call with any questions. . . NOTE: Milestone Laws were put in place to ensure buildings at least 3 stories and 25 years old were given a new structural engineers report . Taller Buildings carry more weight bearing down on structural support systems. . One and Two Story Buildings don't pose this problem due to the limited height of the structure. There are other factors as well but height & downward weight are prominent. . OPEN HOUSE SUNDAY 1 TO 5 PM. .
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,399,000
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 | $1,119,200 | $1,119,200 | $1,119,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.861% | 6.751% | 6.666% |
Monthly Tax Payment | $1,235 | $1,235 | $1,235 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,800 | $7,166 | $9,749 |
Total Monthly Payment | $8,160 | $8,526 | $11,109 |
* 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.