Under contract-accepting backup offers. Stunning & Updated Arthur Rutenberg Modified Coquina Model II Pool Home!
Welcome to your new Dream Home on the Beautiful Barrier Island in The Hammocks, in the exclusive Ocean Hammock Community. Situated on the 3rd hole of the prestigious Hammock Beach Golf Resort & Spa. Upon arriving you will notice the newer travertine driveway, also note the newer wood faux 3 car garage doors. Walking up to the newer wood faux double doors & transom with custom glass inserts, stepping in this spacious Open floor plan, you will fall in love with the design. The great room with adjacent wet bar has a gas brick fireplace for the chilly FL days with three large sliding doors opening into the oasis, plush & serene pool setting! The large Island kitchen is a chef's dream with morning room overlooking the lanai to the outdoor kitchen. The chef's kitchen is equipped with higher end appliances, coffee bar & oversized walk in pantry. The Master Suite engulfs the North side of the home, showcasing a large bedroom with Two walk-in closets, a Master Bath Suite with two vanities, garden tub, towers for storage and a spacious walk-in shower with rain & handheld heads along with four jet-heads as if in a spa environment! The other side, features two guest suites--one en-suite and another large bedroom with the bath just outside the bedroom door. Both bedroom closets and the extra oversized hallway closet are very convenient for storage. The office can also serve as the 4th bedroom complete with a powder room!
The outdoor eating area is large enough to seat up to eight. Also featured is a gas fireplace, newer SS grill & vent, newer side burner, sink & refrigerator. The seating area is large enough for a couch, loveseat, chair and a few tables. Two chaise loungers can be placed at the other end of the pool for sunbathing or just leisurely enjoyment of Mother Nature to relax & recharge!
All areas look out to pool and the beautiful, lush landscape! Living is easy with the HOA maintaining the grass, bushes & trees (included in your dues) and gives you more time enjoying your family and friends!!
There is a separate list attached with the upgrades for your 'new home' in this idyllic location on the barrier island! Convenient to shopping, entertaining & dining, plenty of walking or biking trails, beaches & the Majestic Atlantic Ocean--A Place for You to Call Home to Enjoy!!
Various Memberships are Optional at your choice of two golf courses---Hammock Beach Golf Resort & Spa or the 'diamond club', The Dunes Club just a short ride down the Parkway each at an additional charge. Each Club also has a course on the mainland which would be included in your dues!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,211,900
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 | $969,520 | $969,520 | $969,520 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.406% | 6.864% | 7.058% |
Monthly Tax Payment | $648 | $648 | $648 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,288 | $6,288 | $8,579 |
Total Monthly Payment | $7,061 | $7,061 | $9,352 |
* 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.