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Ocean view 2 bedroom 2 full baths, condo has been professionally renovated completely. Open floor plan with views of the beach and ocean from the entire living area and primary bedroom. New storm shutters and new air conditioner installed, washer and dryer in unit. Each bedroom have large walk-in closets. New luxury vinyl plank flooring in living area, carpet in bedrooms and closets, tile in bathrooms. See epic sunrises and sunsets, dolphins, surfers and beach activities from the 25 by 6 covered balcony on the preferred north side overlooking Tom Renick Park. Kitchen has all new appliances with quartz countertops and tile backsplash. Direct beach access to no drive beach with oceanfront heated pool and shuffleboard court. The building has a concrete roof and is a secure building with key fob access and designated parking underground with storage and gated access. The condo association has fully funded reserves and complete structural reserve analysis and on site management. Great investment property in that short term rentals is allowed , rent out nightly with no rental restrictions. Cable TV and internet are included in the HOA dues as well as maintenance of the grounds and building, security, trash, water, sewer and pest control. Building has large social room on the 11th floor with 180 degree views and wrap around balcony and kitchen and bar for your party. All small gym is also available. Shopping, dining and grocery are all near by.
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,990
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 | $399,992 | $399,992 | $399,992 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.160% | 7.154% | 6.172% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,594 | $2,658 | $3,348 |
Total Monthly Payment | $2,669 | $2,733 | $3,423 |
* 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.