PARADISE ISLAND TOWER ANNUAL RENTAL. NO ELEVATOR AVAILABLE. Welcome to this top floor condo with breath taking Gulf and Intercoastal views! If cooking is important to you this is a must see condo. This kitchen was custom made with lots of quality wood cabinets, granite counters, under counter lighting and appliance garages. The is a mint move in condo with updates in the baths, newer hurricane windows and slider, newer hot water on demand, filtration system, newer electric service. Large inside laundry room. Lots of closet space plus and an outside storage unit. The Sweeping water views add to the wide open living space with all the amenities of Florida living. Luxury amenities for your use include a Heated pool, hot tub, outdoor dining with two deluxe gas grills, an upper sundeck, lighted fishing pier. Included is a convenient assigned covered parking space plus ample guest parking. Door person is on duty seven days a week. Less than a half mile to one of the best beaches in the world. No pets allowed. Association approval required for tenancy. Building was affected by recent storms. Move in will have to be up and down interior stairwell. Garbage chutes also not available. No timeframe currently on elevator or garbage chute repairs, possibly early 2025 on both. Limited amenities on site due to continued storm repairs.
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Our Executive Mortgage Banker:
Our Insurance Division:
$3,500
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 | $2,800 | $2,800 | $2,800 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $19 | $19 | $24 |
Total Monthly Payment | $94 | $94 | $99 |
* 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.