Admire the relaxing gulf views from this top 7th floor unit. Enjoy this fully furnished, two bedroom, 2 bath, 835 sq. ft. condo-hotel suite that makes it easy for everyone to relax and stretch their legs. There is Plenty of room with 2 queen beds in one bedroom, 2 double beds in the other bedroom along with a comfortable sleeper sofa in the additional living room/ kitchen area. Enjoy the kitchenette with full-size fridge, stove-top, microwave, coffee maker, toaster and dishware. Excellent total turn-key rental income from the first class management rental program is already in place. Stay up to 28 days a year. Existing rental management agreement with the Tradewinds resort transfers to the new buyer. The Tradewinds offers over 1000' of Sandy Gulf-Front Beach on over 45 acres that will have you feel as though you are in a Tropical Paradise. Ten pools, 12 food and beverage outlets, water slides, water activities, fitness facilities, pickleball and tennis courts are just a few of the very many amenities. The Tradewinds has a long established track record with hosting many weddings and conventions. What an opportunity. . This resort offers it all !
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Our Executive Mortgage Banker:
Our Insurance Division:
$625,000
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 | $500,000 | $500,000 | $500,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $577 | $577 | $577 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,327 | $3,323 | $4,217 |
Total Monthly Payment | $3,996 | $3,992 | $4,886 |
* 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.