SPECTACULAR sunrises & stunning views of the beach from this DIRECT OCEANFRONT 5th floor 2 bed / 2. 5 bath townhome at The Pelican. Enter and prepare to be greeted by UNOBSTRUCTED VIEWS of the ocean and beach from LIVING AREA & MASTER BEDROOM. Condo comes furnished (as shown) and has been completely renovated including cabinets, quartz countertops, built-in wine refrigeration, refinished ceilings w/recessed lighting, new paint, brand new electric roll-down shades in living & master bedroom and plantation shutters on all west-facing windows. Condo has newer circuit breaker panel w/an attached surge suppressor. Both bedrooms are en-suite and located upstairs away from main living areas allowing for privacy & relaxation. Wind rated / impact windows & sliding doors. MAJOR BUILDING RENOVATION / NEW ROOF PROJECT COMPLETED JULY 2022 (including concrete restoration / new roof / new railings / deck coatings / pool furniture (2021) / and paint). The Pelican has the reputation of being one of the best managed properties in NSB. Their well-managed COA on top of a strong on-site property management office make this condo a great investment. Property has a resort-like feel with amenities including clubhouse, oceanfront pool area with two pools (one heated seasonably), shuffleboard, and gas grills. Larger dogs are welcome (see pet restrictions)! Complex is centrally located on the beach, you're able to walk or ride your bike to Flagler Ave or nearby restaurants. All information is assumed accurate but not guaranteed. Buyers and agents are advised to verify facts important to them.
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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 | $639,840 | $639,840 | $639,840 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $904 | $904 | $904 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,365 | $4,253 | $5,486 |
Total Monthly Payment | $5,361 | $5,249 | $6,482 |
* 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.