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Welcome to 16400 Gulf Blvd Apartment unit #307 located directly on Reddington Beach one of Florida's most desirable areas to live. This unit is on the 3rd story, a studio/efficiency unit on with 400 Sq. Ft. of living space with one full bathroom along with storage room that is located right around the corner on the same floor. This condo is equipped with a fully functional kitchen with white formica countertops, with plenty of cabinet space. The condo has tile flooring throughout the entire living space including the bathroom. Beyond the kitchen is an open floor plan leading to the family room and bedroom with a built in closet. There is ample amount of natural sunlight that shines in through the windows located in the back of the unit. Each window has its own individual shutter, allowing full control over the amount of sunlight coming in. Looking out the windows you can see the community pool along with the breath taking view of the beach and Gulf of America. There is an HOA fee that is due on a monthly basis, the assessment for this community has been completed for the year of 2025. This condominium community offers additional amenities such as a fitness floor, a washer/dryer common use area, a private pool for members of the community and your very own beach to enjoy and relax. This condo is the true definition of beach living, this unit was not damaged by the recent hurricanes. Also to mention, living on Gulf Boulevard you are seconds even minutes away from numerous, shops, entertainment, grocery stores, boat marinas and numerous top rated beaches nation wide. A condo like this will not last long, contact the listing agent to schedule a showing and see what it is like to live on one of Florida's top beaches.
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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 | $175,999 | $175,999 | $175,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.083% | 7.063% | 6.152% |
Monthly Tax Payment | $208 | $208 | $208 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,112 | $1,156 | $1,473 |
Total Monthly Payment | $1,395 | $1,439 | $1,756 |
* 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.