Presented byThe Cornerstone Team |
Indulge in coastal bliss on this rare oceanfront property in Ponce Inlet, where the allure of the sunrise over the Atlantic awaits you daily. With an expansive 150 feet of pristine beachfront along the Atlantic Ocean, this parcel offers endless possibilities. Whether you envision building up to four units or crafting a singular, luxurious family home, the choice is yours. For those considering multifamily living, preliminary plans are available upon request, streamlining the process from vision to reality. Set amidst the serene beauty of one of Ponce Inlet's last remaining oceanfront plots, this property promises both investment potential and personal sanctuary. Don't miss the opportunity to own a slice of coastal paradise in this coveted location. Whether you're seeking an investment opportunity or yearning for your own tranquil retreat, this property offers the perfect canvas for your seaside dreams, complete with the breathtaking spectacle of sunrise over the Atlantic each morning.
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:
$3,200,000
Sales Associate
William Raveis Real Estate
Phone: 203.733.9382
cornerstoneteam@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 845.290.3871
Matthew.DeMaria@raveis.com
NMLS Mortgage Loan Originator ID 147983
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $2,560,000 | $2,560,000 | $2,560,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 7.000% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.851% | 7.128% | 7.061% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $17,247 | $17,032 | $22,831 |
Total Monthly Payment | $17,372 | $17,157 | $22,956 |
* 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.