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Beautiful 2nd row home located in the most desirable location on IOP (South IOP) directly across the street from the 6th Ave. beach path! The property has excellent views, an amazing, renovated pool with built in hot tub. New landscaping, including turf for very low maintenance. . . and don't forget the putting green! This home has been maintained to very high standards. It offers a great inverted floor plan with a large kitchen, granite counter space for cooking for large crowds, and an open floor plan with tons of living space. The front of the home features 3 multi-level decks to take advantage of the ocean views. All four guest rooms have full ensuite bathrooms, with two primary suites, one on each level. This custom home also features an elevator that services all 3 levels, a wet bar in the great room, high-end appliances, and a 3rd floor deck for even more amazing views! House is sold fully furnished except for a few personal items, and it comes heavily booked with 2025 rentals!
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$5,285,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $4,228,000 | $4,228,000 | $4,228,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.750% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.949% | 6.865% | 6.706% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $26,377 | $27,423 | $36,830 |
Total Monthly Payment | $26,502 | $27,548 | $36,955 |
* 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.