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Just steps from the sugar white sands of the Gulf, this elevated coastal retreat captures the essence of relaxed beachside living with the comfort of thoughtful design. Bright, airy interiors welcome you with an open concept layout where the living area flows seamlessly into a charming kitchen featuring stainless steel appliances, beadboard cabinetry, and soft coastal hues that mirror the shoreline just beyond. The star of the home is the massive primary suite, perched privately on the top level with soaring ceilings, generous space for lounging or a reading nook, and an ensuite bath with a soaking tub and a walk-in shower. A second bedroom and a flexible den or office add versatility to the layout, easily adapting to your lifestyle needs. Step outside to a breezy balcony nestled among swaying palms, perfect for morning coffee or winding down after a day at the beach. Two separate private patios extend your outdoor living options, while generous parking and a three-story elevation maximize functionality and comfort. A private backyard offers even more space to relax or entertain in a tranquil setting. Recent updates include a brand new HVAC system and a roof replacement in 2021, adding long-term value and peace of mind. Low maintenance tropical landscaping sets the tone for effortless island living, and the oversized garage offers ample room for all your beach gear. Just steps away, you'll find local dining, charming shops, and a convenient trolley stop right at the house, making it easy to explore everything the island has to offer. Located in a weekly rental zone, this home presents excellent income potential alongside its inviting coastal charm. Whether you're seeking a full time residence, winter escape, or a dreamy vacation rental, this home delivers endless potential in an unbeatable location. *Pool is a rendering and only used for visualization purposes.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
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
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $1,200,000 | $1,200,000 | $1,200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.289% | 6.373% | 6.203% |
| Monthly Tax Payment | $926 | $926 | $926 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $7,098 | $7,389 | $10,126 |
| Total Monthly Payment | $8,149 | $8,440 | $11,177 |
* 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.