Embrace the quintessential beach lifestyle with this two bedroom two bathroom condo, where the ocean waves greet you at the door every time you come home. Designed for beach lovers and savvy investors alike, this coastal gem offers unparalleled access to sun, surf, and sand. Experience the joy of having the beach as your backyard, including a beachfront park complete with a basketball court, playground, and picnic pavilions right next door. Inside, you’ll find a light and bright kitchen featuring tile floors, granite counters and backsplash, and a pass through wall into the dining room. The seamless flow from the dining into the living room is highlighted by neutral colors and natural light filling the space. Entertain or unwind as you open the sliding glass doors, welcoming the fresh salty air and soothing ocean breeze into your home. Step out onto the balcony to indulge in the mesmerizing views of cascading waves and the tranquil swimming pool below. The primary suite is your personal retreat with direct balcony access, two closets, and an en-suite bath with a tub/shower combo. Your guests or family will adore the second bright and airy bedroom and the additional bathroom's convenience. The condo's amenities—including a swimming pool, hot tub, shuffleboard court, and direct beach access—create the ideal beach lifestyle. Located just steps away from a 7-Eleven, a delightful taco and ice cream shop, and the sandy shoreline, every day feels like a vacation! You’ll also be moments away from iconic restaurants including The Garlic and Norwood’s Treehouse, fishing and boating on the IndianRiver, Publix, and fresh seafood galore. Investors will appreciate the property's strong potential for monthly cash flow as a high-demand beach rental. Don't miss the opportunity to schedule a showing today and dive into the beach life you've always dreamed of!
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$474,999
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 | $379,999 | $379,999 | $379,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $505 | $505 | $505 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,528 | $2,526 | $3,258 |
Total Monthly Payment | $3,108 | $3,106 | $3,838 |
* 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.