Expect to be impressed by this newly renovated 12th floor Inlet at Minorca condo with views absolutely second to none!!! Short- and long-term rentals allowed at The Inlet. Light bright and beautiful beach oasis in whites, aquas and neutral colors throughout. Large bright open gourmets' kitchen with solid highest grade KraftMaid Cabinetry with soft close doors and pull outs in lower cabinets. Pantry with sliding shelves and drawers. Quartz Counter Tops, Top of the line internet enabled Cafe' Appliances with induction cooktop/double convection range, microwave with air-fryer, French door refrigerator with precise dispensing water filtered instant hot and cold water. Filtered instant hot and cold water at kitchen sink. Highest grade luxury vinyl plank flooring available throughout by Shaw Pro Series with 22 mm protection layer and extra padding. Both bathrooms have been extensively renovated using the finest in tiles, the primary ensuite' bath has a large glass shower with ocean views. LED lighting hidden in crown molding of living room and primary suite. Beautiful ship lap feature wall in master bedroom. Huge 31 food wide tiled private balcony with amazing direct ocean views and views of the Intracoastal, Ponce Inlet Lighthouse and north beyond Daytona Beach. From the front of this unit has unobstructed views with no interference from elevators looking south down New Smyrna Beach, river and beyond, to watching the space launches from your kitchen and guest bedrooms. Covered assigned garage parking, with additional guest parking, assigned storage unit, LSV Golf carting parking at The Inlet is available from time to time to rent and reserve, ChargePoint community charging station, electric LSV charging station, kayak and surfboard racks for rent, bicycle racks, community pool, spa, outdoor kitchen with two gas grills, ping pong game room, social lobby with resident activities, onsite managers office with fully time Community Association Manager, cable TV and internet included in dues, and more. Minorca community amenities included, 24/7 manned security gate, multimillion dollar clubhouse with billiards table, catering kitchen, media area, entertaining and meeting space, fully equipped fitness center, his and hers restrooms with dry saunas, pool heated in winter months and spa, 4 tennis courts, gated beach access, beach pavilion with restrooms, great for hosting parties and events, gated river access across the street with fishing pier, lending library with WIFI and more. Call today to make this amazing condo your beach oasis!!!
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $840,000 | $840,000 | $840,000 |
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% | 6.246% | 6.201% |
Monthly Tax Payment | $987 | $987 | $987 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,104 | $5,104 | $7,088 |
Total Monthly Payment | $6,216 | $6,216 | $8,200 |
* 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.