This 1 bed/1. 5 bath condo offers an unparalleled experience of coastal living. With it's southeast facing exposure, enjoy sunrises over the city on your spacious covered balcony accessible from the family room as well as the primary bedroom. Desirable open floor plan with a living and dining room combination, primary suite with ensuite bathroom and walk in closet. Some other features include tile throughout, newer blinds, newer hot water heater and a ceiling fan in the living area. The building has recently been upgraded with high impact Windoor doors and windows, the highest impact ratings in the industry, completely updated balcony with railings, fresh paint on the exterior and interior of the building. Enjoy keyless and fobless remotely programmable building access and an assigned covered carport. Ample storage space including keyed owner's storage closets inside and an additional assigned unit in the hall. This beautiful condo is being sold turnkey furnished and is ready for your immediate enjoyment. At Tradewinds, indulge in the resort lifestyle including a heated pool overlooking the Gulf (a new one is currently being installed opening by Nov 1st), beach boardwalk, BBQ and tiki area, social room, bike storage, and a cozy library. Common laundry facility on each floor. What truly distinguishes this condo it it's exceptional location; just steps from the sand, fabulous dining and shopping. If generating rental income piques your interest, Tradewinds offers a generous leasing policy. ALL ASSESSMENTS ARE PAID IN FULL!
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William Raveis Real Estate
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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 | $351,920 | $351,920 | $351,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $231 | $231 | $231 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,401 | $2,339 | $2,968 |
Total Monthly Payment | $2,707 | $2,645 | $3,274 |
* 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.