Welcome home to this gorgeous completely reimagined condominium at The Pelican. This unit is in a premier location with beautiful straight on views of the ocean and is directly near the elevator. The main living area was professionally designed around a totally renovated kitchen which was expanded to include a large pantry, bar area with shelving, and a beautiful pale blue island that houses a microwave. Premium appliances, quartz countertops, top-of-the-line shaker-style cabinets, high-end Morano glass lighting, and wood-like porcelain tile floors round out the list of upgrades. The primary bath and closet were redesigned to accommodate more spacious storage. Ceiling throughout the main areas has been recessed and refinished and new interior doors and hardware throughout. Full size new washer and dryer. New insulated impact doors and windows. New AC installed 2024. Plantation shutters in both bedrooms. Major building renovation completed in 2022 included concrete restoration, new roof, new railings, deck coatings, pool furniture and paint. This condominium makes a terrific investment as the HOA is strong, with onsite property management and a rental office. Property has a tropical resort-like feel with two oceanfront pools, shuffleboard, gas grills, and a clubhouse. The Pelican is close to fabulous restaurants and shopping. Buyers and their agents are advised to verify all information deemed important.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$740,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $592,000 | $592,000 | $592,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $805 | $805 | $805 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,597 | $3,597 | $4,678 |
Total Monthly Payment | $4,494 | $4,494 | $5,575 |
* 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.