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Perched on the 7th floor of the prestigious Main Tower at Hammock Beach Resort, this exquisite ocean view condominium offers the perfect level of luxury and comfort. This 3-bedroom, 3-bath residence is being sold fully furnished. The inviting living area is ideal for relaxing or entertaining, and when out on the private balcony, you will see ample views of the Atlantic Ocean and the Hammock Beach ocean course. Endless sunrises (and possible moon-rises too) await, along with your morning beverage of choice. The primary suite has sliders out to the balcony, and provides a luxurious ensuite bath offering an ample soaking tub and separate walk-in shower. The 2nd master ensuite also has access to the patio with glass sliders. The property is in the Club rental program with great income to offset expenses. Membership to Hammock Beach Club is required to access and enjoy two legendary golf courses, the Ocean course designed by Jack Nicklaus, and Conservatory by Tom Watson, a sprawling pool pavilion with multiple pools, a thrilling water slide, and a serene lazy river. Plus, indulge in over 14, 000 square feet of fitness and spa amenities, diverse dining options, and exceptional tennis and pickleball courts close by, and boat rental slips and services. Make this your chance to own the best of your Florida paradise at Hammock Beach Club. Schedule your private tour today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$698,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $558,400 | $558,400 | $558,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.304% | 5.648% |
| Monthly Tax Payment | $664 | $664 | $664 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,303 | $3,393 | $4,526 |
| Total Monthly Payment | $4,059 | $4,149 | $5,282 |
* 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.