This gorgeous waterfront condo is your perfect paradise, with all inspections and work completed and paid for. The sellers contributed $27, 000 to enhance the complex's strength and beauty, and the elevators were replaced two years ago. This stunning condo offers high rental returns, with a minimum rental period of 14 days. Completely remodeled with exquisite taste and no expense spared, this property serves as an excellent investment for rentals or as a peaceful home, boasting incredible 5-star resort views from the grand balcony stretching from one end of the condominium to the other. Here, you can enjoy expansive water views, a sparkling swimming pool, tiki umbrellas on the beach, palm trees, and tropical greenery. Custom-built by the area’s favorite craftsman, the rich wood cabinetry in the kitchen is a showstopper! Abundant storage and built-in functionality make this the kitchen of your dreams, complete with granite counters, a tumbled marble backsplash, and sleek stainless-steel appliances. The builder's talent shines through in the cabinetry of both bathrooms, while the decorator's exceptional eye for color and tile choices enhances the overall beauty of the space. The owner’s bedroom suite resembles a luxury spa, inviting you to indulge in stunning water views, serene soft colors, and multiple showerheads, or to relax with a long soak in the tub. The guest room suite maintains the same quality, featuring tranquil colors and a beautiful bath. An inviting area next to the kitchen would be ideal for a desk or a bar. The laundry room is equipped with a full-size washer and dryer. This impressive condo features attractive plank floors. Additionally, the condo has two ceiling-mounted light fixtures made of custom-stained glass, which are true works of art and treasures in their own right. Enjoy the sparkling heated pool and spa by the waterside, fun gathering areas to meet neighbors, and a special beach area that is exclusively for the use of this Association. This condo includes a private parking space, along with more guest parking spots than other condos. The sellers want to inform you that they need to move closer to family and are motivated to sell.
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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 | $516,000 | $516,000 | $516,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $396 | $396 | $396 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,520 | $3,430 | $4,352 |
Total Monthly Payment | $4,008 | $3,918 | $4,840 |
* 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.