Luxury unit with amazing views Investor Opportunity Short Term Rentals Allowed No rental restrictions. This unit can be rented by the owner or with the hotel program. 3 bed 2 bath condo with breathtaking views towards the intercostal at HBH 1, 252 Sqft interior+Terraces 395 sqft for a total 1, 647 sqft Fully furnished with modern furnishings luxury kitchen & baths Unit has a nice spacious layout. Master bedroom has a King bed 2nd bedroom has 2 double beds and 3rd bedroom has 1 Queen bed. Building is filled with amazing amenities including fitness center 2 pools outdoor theater tennis court multi use court poolside bar and coming soon aquatic club & restaurant Beach club on the beach too- Minutes to shopping, restaurants night life and Gulf Stream Park and Casino Rent monthly daily or weekly
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Our Executive Mortgage Banker:
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$805,000
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 | $644,000 | $644,000 | $644,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $1,183 | $1,183 | $1,183 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,285 | $4,280 | $5,522 |
Total Monthly Payment | $5,559 | $5,554 | $6,796 |
* 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.