Nestled along the sun-kissed shores, this exquisite beachfront oasis presents a rare opportunity for both luxury living and investment potential. Boasting a turnkey, fully furnished interior, this meticulously maintained condominium is already set for short-term rentals throughout the upcoming 2024-2025 season, making it an attractive option for savvy buyers. The Shores, distinguished by its boutique size with only 20 units, offers a serene and pet-friendly environment complete with amenities such as a heated pool, outdoor grill, and a relaxing lounge area, all within steps of a private gated walkway leading directly to the beach. Inside, the kitchen impresses with granite countertops, solid white shaker cabinetry, stainless steel appliances, and an inviting eat-in breakfast bar under recessed lighting. The oversized master bedroom features a spacious walk-in closet, while the BRAND NEW (May 2024) ensuite bathroom, recently updated with elegant Marble vanity, SVP waterproof Vinyl Plank flooring, and premium fixtures, exudes contemporary luxury. Additional enhancements include new laminate/tile flooring throughout, a full-sized washer and dryer for convenience, and a dedicated storage unit on the 4th floor ideal for beach essentials. Ample parking and the option for year-round living or flexible rental income further elevate the appeal of this coastal gem. Rest assured during storms since new sliding glass doors for balcony. (both sets) & new window in Master bedroom were installed in the summer of 2024. With the Florida Milestone Inspection already completed and a financially strong association, it will ease any buyer's concerns. A detailed feature sheet and rental income information is available upon request.
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Our Executive Mortgage Banker:
Our Insurance Division:
$885,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $708,000 | $708,000 | $708,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.851% | 6.790% |
Monthly Tax Payment | $677 | $677 | $677 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,533 | $4,592 | $6,216 |
Total Monthly Payment | $5,302 | $5,361 | $6,985 |
* 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.