Direct oceanfront! Stunning views from this corner unit on the 5th floor located on the north end of the desirable 600 building. Enjoy extra privacy on the balcony, as the balconies of the adjacent building are angled to the northeast and not in close proximity. Take in the fresh salt air, cool ocean breezes and mesmerizing sound of the waves from the spacious and comfortably furnished balcony. Enjoy breathtaking sweeping beachfront views, and a peek of the beautiful greens of the Ocean Course. Unique low maintenance pebble flooring on the balcony whisks away moisture, virtually eliminating any puddles, even after a heavy rainstorm. Expansive 10ft. ceilings keeps the interior light and airy and crown molding adds an elegant touch. Beautifully decorated in a coastal theme, with quality furnishings and accessories throughout. Many new pieces, including patio furniture, leather sofa, living room tables, TV console, dining table and cabinet, and master bedroom furniture including an organic mattress. Updates under ownership include top of the line Bosch appliances, Carrier variable speed heat pump (AC) with humidity control, water heater, custom plantation shutters, wide plank LVP flooring throughout, including bedrooms, Minka Aire Ceiling fans, Kohler toilets, top of the line LG full sized washer and dryer and Moen touchless kitchen faucet and disposal. Freshly painted throughout including all trim and ceilings. Great flow in the largest floor plan at Cinnamon Beach with 3 bedrooms / 3 full baths and over 2, 000 sq. ft. of living space! Generously sized kitchen with breakfast area, pantry, Bosch appliances, granite countertops and 42-inch wood cabinetry.
Cherished and well maintained by the current owners, the condo has been held exclusively as a second home; however, the option to add it to a rental program is available. Convenient under-building garage parking and a dedicated storage unit included.
Amazing Cinnamon Beach amenities include an adult oceanfront pool/spa, lakeside family-friendly pool with splash zone, clubhouse with game room and lounge, fitness center, business office and the Cinnamon Beach Grille. Cinnamon Beach at Ocean Hammock is such a unique oceanfront community on the East coast of Florida. Tucked away approximately 1 mile from A1A, the community features 24/7 guard gated security, gorgeously landscaped grounds and miles of dog-friendly beach. For golf enthusiasts, membership is available at the Club at Hammock Beach. SEE 3D VIRTUAL TOUR!
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $779,920 | $779,920 | $779,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 6.258% | 6.201% |
Monthly Tax Payment | $789 | $789 | $789 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,739 | $4,739 | $6,581 |
Total Monthly Payment | $5,619 | $5,619 | $7,461 |
* 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.