This is perhaps a little memory lane-ish of me, so please forgive the sentiment. This particular condo, this 2 bedroom and 2 bath Legends floor plan well positioned on the amenities level of the San Marco Tower within the Spectacular West Indies JMC wunderkind that is Mandalay Beach Club was one of the very first condos that I sold as I began my real estate career, so it is with great pleasure that I accept the bestowed upon honour to sell this stupendous condo home. Always graced with those penthouse level-10 foot ceilings, an incredible volume terrace, Gulf and shoreline views and the most gorgeous finishes. . . When I think of the handcrafted all wood cabinetry, the timeless grey stone counters, that stunning Viking stove, the modern heirloom lighting, that breathtaking solid wood floor, and those bespoke vanities in both baths I can’t help but feel that the aesthetic in the tastemaker within all of us will appreciate this enduring design. . Now, as for the amenities-picture perfect postcard vistas akin to cruising the seas resonate from a Bahamian clubhouse, its’ state of the art fitness emporium, pool, spa and barbecue pavilion. 24 hr guard gated garage, and the rest of this Beach Dream belongs to You. . .
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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 | $980,000 | $980,000 | $980,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.786% | 7.014% | 6.936% |
Monthly Tax Payment | $1,326 | $1,326 | $1,326 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,520 | $6,438 | $8,672 |
Total Monthly Payment | $7,971 | $7,889 | $10,123 |
* 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.