Experience the epitome of coastal luxury with this stunning property at the sought after Hammock Beach Resort. As a bonus - this residence just had a BRAND NEW rooftop AC unit installed! The largest of the floor plans found in the desirable Ocean Towers, this light & airy property has been updated with an elegant, relaxed coastal decor. Designer touches can be found throughout, including modern light fixtures, beautiful art work, custom window treatments & plantation shutters. Enjoy the convenience & luxury of stepping off your private elevator, into the spacious open concept layout, adorned with high ceilings & timeless travertine floors. A guest wing conveniently located off the foyer offers privacy for you and your guests with 2 bedrooms each featuring an ensuite bathroom and a large walk in closet. The chefs kitchen features Viking appliances, a newer LG French door refrigerator, granite countertops & a spacious walk-in pantry with a new washer & dryer. The dining room & living room offer a beautiful & roomy space for gathering with family & friends, and leads out to the expansive balcony. Furnished with custom resort patio furniture, it’s the perfect place to relax or entertain while enjoying stunning views of the lush tropical landscaping, tranquil pond & fountains, with the beautiful Atlantic Ocean in the background. The oversized primary suite offers designer carpet, custom blackout drapes, two large walk-in closets & and luxurious marble bathroom. Another bonus of this floor plan is the additional private oversized storage closet, large enough for storing bikes, surfboards, etc. By purchasing a membership, you can enjoy access to the resort’s exclusive amenities including the fantasy pool complex, on site restaurants, full-service spa and salon, state of the art fitness center, The Nicklaus Ocean Course and The Watson Conservatory Course, and much more! This luxurious property is perfect for those seeking a primary residence, second home or rental property. Don’t miss the chance to own a piece of paradise at Hammock Beach Resort – schedule your private tour today!
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William Raveis Real Estate
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $780,000 | $780,000 | $780,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.321% | 6.750% | 7.038% |
Monthly Tax Payment | $828 | $828 | $828 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,059 | $4,994 | $6,902 |
Total Monthly Payment | $5,979 | $5,914 | $7,822 |
* 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.