Welcome home to the Atlantic beachfront community of Beachwood Villas, located on Hutchinson Island, just minutes from the shopping and restaurants of Historic Downtown Stuart and Jensen Beach. Perfect for the buyer looking to enjoy their own beachfront retreat part of the year, with the ability to rent when they're away. Investors/Owners are permitted to rent six times a year, minimum of two months, in a 12-month period. This coveted top floor condo boasts vaulted ceilings, full impact glass, stunning views of the beach, and is centrally located by the pool. . . which can be accessed by stairs directly from a private covered balcony. Resort-like amenities of Beachwood Villas include a hot tub, pool, grilling area, and beach access. Living and kitchen area on one floor, steps down to bedroom and bathrooms PLUS a ladder-accessible loft in the master (more room for the whole family!). Washer & dryer in unit, dogs permitted, and covered parking. Come make this condo your own!
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Our Executive Mortgage Banker:
Our Insurance Division:
$580,000
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 | $464,000 | $464,000 | $464,000 |
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 | $511 | $511 | $511 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,087 | $3,084 | $3,978 |
Total Monthly Payment | $3,690 | $3,687 | $4,581 |
* 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.