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Turnkey Opportunity in a Prime Location
Whether you’re seeking an investment property or a relaxing personal retreat, this turnkey efficiency offers the best of both. Ideally located on the first floor, it’s just steps from the pool and conveniently close to one of three on-site restaurants.
The Gulfcoast Inn is a charming condo/boutique motel situated just north of Coastland Mall in the highly desirable Moorings area—only minutes from downtown and the area’s stunning beaches.
Residents and guests enjoy a variety of amenities, including a heated pool, common laundry facilities, continental breakfast, and on-site management. Owners have the flexibility to participate in the rental pool, manage their own rentals for added income, or simply enjoy the condo for personal use.
The unit comes fully furnished and features stylish wood-grain porcelain tile flooring throughout. It includes two queen beds, a dining table for two, a comfortable recliner, and a TV. The kitchenette is well-appointed with beautiful solid cherry cabinetry, while the bathroom offers a convenient tub/shower combination. Additional highlights include ample storage space and a built-in safe for added security.
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:
$137,900
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $110,320 | $110,320 | $110,320 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.512% | 5.730% |
| Monthly Tax Payment | $82 | $82 | $82 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $661 | $688 | $901 |
| Total Monthly Payment | $818 | $845 | $1,058 |
* 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.