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Spectacular oceanfront condo at the very popular Pelican reduced to a very low $650, 000!!! Tastefully furnished, this move-in ready beach retreat is yours to enjoy the Florida lifestyle that you deserve! Gorgeous views of the pavered pool, the wide sandy beach & the waves from your renovated 2BR/2BA condo on the 3rd floor. Entertaining is easy with this updated kitchen that opens to the living room, dining room & the huge balcony with floor to ceiling sliders that overlook the beach! Well maintained & managed, this condo can be your forever home or rental investment since they do allow weekly rentals! They are pet friendly too, allowing 2 pets ups to 80 lbs total. This light & bright condo has a wide open floorplan & was remodeled in 2010, including new kitchen, baths, paint & new windows & sliders in 2020. A/C new March, 2024, water heater new in 2017 and washer/dryer new in 2019. The Pelican had major building renovations in 2022, which included concrete restoration, new balconies & railings, new windows, new roof, new deck coatings, new waterproofing and paint, and new pool furniture & seawall. This tropical paradise resort includes two oceanfront pools surrounded by beautiful pavered decks, lots of tables & chairs, 2 shuffleboard, 2 gas grills & a private gated walkway to the beach. Conveniently located close to a grocery store, The Bakers Table, Touch of Italy, Nautilus Fitness, salon & a short walk or bike ride to Publix, Bealls, BBQ & Off the Hook. Only a couple of miles to historic Flagler Ave. Bistros & Shops, where you can enjoy wine tastings, art shows & good music too! Watch spectacular sunrises & sunsets everyday from this immaculate furnished condo! Just bring your bathing suit & your toothbrush!
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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 | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.828% | 7.133% | 6.276% |
Monthly Tax Payment | $714 | $714 | $714 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,460 | $3,456 | $4,385 |
Total Monthly Payment | $4,266 | $4,262 | $5,191 |
* 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.