This seventh-floor waterfront residence has glistening views of Moorings Bay. Lausanne is a stunning beachfront retreat on Gulf Shore Blvd just north of Harbour Drive in The Moorings. This two-bedroom home offers a peaceful open balcony to watch the sunrise and enjoy your morning cup of coffee, custom built-ins, in-unit laundry, a wet bar with a wine fridge, crown molding, and much more. The open kitchen features stainless steel appliances, granite countertops, under-cabinet lighting, and a breakfast bar. Located directly on the beach, Lausanne has two buildings with a connected elevated deck and an expansive courtyard where residents can spend their days lounging by the pool, playing bocce ball, or enjoying the fireplace, all while overlooking the Gulf. Residents will also enjoy two social rooms with full kitchens, grills, two game rooms, a boardroom, a library, and a fitness center, all completely remodeled. Have peace of mind with impact windows, under-building parking, 24-hour lobby and security services and onsite management. Owners are allowed three leases per year with a 90-day minimum. After a day at the beach, indulge in the incredible dining and shopping offered at Venetian Village, 5th Ave, and 3rd St.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,495,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,196,000 | $1,196,000 | $1,196,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $464 | $464 | $464 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,658 | $7,658 | $10,501 |
Total Monthly Payment | $8,247 | $8,247 | $11,090 |
* 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.