DIRECT OCEANFRONT BEAUTIFULLY UPDATED 3BR/3BA PENTHOUSE! This elegant and impressive masterpiece of a penthouse is nestled on the highly coveted northeast corner of Tower 9 overlooking the grassy courtyard with ocean views as far as the eye can see!! Stylish high-end finishes, including Plantation shutters, French doors, wainscoting, crown molding, and custom lighting, are just a few of the wonderful features that enhance the coastal charm and ambiance of this gorgeous condo in the much sought-after neighborhood of Ponce Inlet. Enjoy sweeping views of the azure Atlantic Ocean, or sit out on the quiet, exclusive ''no drive'' pristine sugar sand beach that is a safe more than ample distance away from the nearest public access points, making this truly feel like your own private paradise. Tower 9 is perfectly situated to allow instant access to Peninsula Blvd, making fast traveling to the mainland while avoiding beach traffic a breeze. Elegant and durable plank flooring throughout the penthouse adds sophistication to every room. Three full ensuite bedrooms provide privacy and luxury, while the private adjoining bathrooms have been updated to reflect the height of modern elegance. Two separate living areas provide ample space for friends and family to gather. The kitchen is worthy of a Michelin chef's dreams, being fully updated and equipped with top-of-the-line appliances, double oven, beautiful wood cabinetry, and spectacular granite countertops. A cozy breakfast bar offers the perfect place to unwind while you have your coffee, allowing you to take in the view of the same ocean waters that fellow Floridian Hemingway gazed upon while writing some of his finest masterpieces. An expansive 39' northeast corner balcony offers maximum privacy, allowing you to enjoy scenic panoramas of the lighthouse, Intracoastal Waterway, and breathtaking sunrises and sunsets each day at your leisure. This penthouse includes more than ample storage space, including many walk-in closets and a spacious inside laundry/utility room. Bring the convertible. . . . 8701 also comes with the best, most desirable parking space in the highly secured underground parking garage reserved just for you and your sweet ride! Sturdy impact windows & doors throughout will put your mind at ease, and the new energy-efficient HVAC system was installed as recently as 2022. Two pets are allowed with no weight limit (a condo rarity!), so your furry friends are always welcome to come and enjoy both Tower 9 and the dog beach just minutes away by the lighthouse. Building amenities include a luxurious lobby, heated pool along with a spa, state-of-the-art fitness center, and a social clubroom with a kitchen. Towers Eight and Nine are structurally sound and professionally managed with strong financials and no pending assessments. $5. 4 million worth of improvements have recently been completed, including concrete and stucco restoration throughout, a newly restored sea wall expanded in height for extra protection, and modernized elevators. Oceanfront balcony railings have also been refurbished, while floorings have been replaced with new durable urethane concrete coatings. Waterproof surface coating has been applied to all walkways. Based on the newly replaced windows in the office, fitness center and club room, all of these marvelous upgrades serve to make this dream penthouse something that even Gatsby would envy. SELLER MAY CONSIDER TRADE FOR HOME IN HEATHROW / MARKHAM WOODS AREA
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NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $920,000 | $920,000 | $920,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.250% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.371% | 6.372% | 6.182% |
Monthly Tax Payment | $686 | $686 | $686 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,665 | $5,665 | $7,763 |
Total Monthly Payment | $6,476 | $6,476 | $8,574 |
* 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.