Under contract-accepting backup offers. Opportunity Awaits – Direct Waterfront Condo on the Banana River with DEEDED BOAT SLIP – Offered at $400, 000! Located in the small, quiet complex of Water’s Edge West is this 2nd floor unit with panoramic water views and a dock that will be transferred by the HOA. Spacious 1, 268 sqft home offers a 2-bedroom split layout with a large kitchen and dinette area, a combination living/dining room, and inside laundry. Glass sliders open up off the living and primary bedrooms to allow that fresh sea breeze in. HOA recently installed brand new balcony railings and this unit features electric hurricane shutters for easy up/down service. This residence comes with a private 1-car garage and boat slip. Additional community amenities include a heated pool and fishing dock. Located between South Cocoa and Crescent Beach there are plenty of nearby parks and dining options, including the charming Downtown Cocoa Village with entertainment venues, art galleries, an amphitheater and more. Want to spend a day at the beach? No problem! Public Beach Access is literally across the street so you can go from the river to the ocean in less than 5 minutes. If you’ve been looking for the perfect coastal hideaway then this unit is a must see – schedule your showing today.
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Our Executive Mortgage Banker:
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$400,000
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 | $320,000 | $320,000 | $320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.282% | 6.538% |
Monthly Tax Payment | $326 | $326 | $326 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,183 | $2,156 | $2,744 |
Total Monthly Payment | $2,584 | $2,557 | $3,145 |
* 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.