The spectacular Intercoastal view of the water says it all. This penthouse, the only combined two-unit property in this building, is the largest open floor plan available. The sunsets and sunrise are breathtaking from the advantage of this ninth-floor unit. There is a full window view of the intercoastal waterway from all rooms of the 2, 520-square-foot residence. From the entry throughout the unit is a neutral porcelain high gloss tile. There are two air conditioning units, roof is 2023, first water heater is 2023, second water heater 2024 and the home is protected by automatic rolldown shutters on all windows. The west side is the primary suite and bath with an open concept den. The bedroom to the rear would be considered another primary suite with private bath and tub as it has a door separating for privacy. The den has had a new sliding glass door installed. There are two pools, one jacuzzi and private beach for the community. This building has an entrance with owner-approved access only for security. There are two covered parking spaces provided for this unit. This building is in a low traffic area across from Sandkey Bridge. There is also the convenience of the area which includes the yacht club across from the building and many entertainment venues, restaurants and shopping within short distance.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,499,900
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 | $1,199,920 | $1,199,920 | $1,199,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.851% | 6.790% |
Monthly Tax Payment | $484 | $484 | $484 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,683 | $7,783 | $10,535 |
Total Monthly Payment | $8,292 | $8,392 | $11,144 |
* 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.