|
|
This fully furnished 1 bedroom and 1. 5 bathroom canal front condo at Hyde Beach House in Hollywood features zero rental restrictions, robust resort amenities and beach club access. Unit R2206 sits on the 22nd floor of the Hyde Beach House in Hollywood and delivers excellent water and city views directly from the open balcony. You step inside to find a beautifully appointed space featuring ceramic and tile flooring, an entry level bedroom and a kitchen equipped with a cooking island. This property offers immense flexibility because it carries zero rental restrictions. You can rent the unit by the day, the week or the month. The current hotel program agreement cancels immediately when you close on the property. After closing, you choose exactly how to operate your investment. You can put the unit back into the hotel program, self manage the rentals or hire a realtor to manage the property. Hyde Beach House provides an incredible lifestyle with direct access to a beach club just across the street. The community amenities include three pools, a gym, a tennis court, a basketball court and a barbecue area. Residents also gain access to a business center, a party room and a movie theater. The building operates entirely with valet parking.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$515,000
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 | $412,000 | $412,000 | $412,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $665 | $665 | $665 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,537 | $2,601 | $3,421 |
| Total Monthly Payment | $3,294 | $3,358 | $4,178 |
* 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.