|
|
Welcome to Ocean Park, a stunning mid-rise condo offering the perfect blend of comfort and oceanfront living. Nestled on the 2nd floor of a renovated, doorman building overlooking the ocean entrance at Alison Park. Wake up to breathtaking sunrises and enjoy the natural light all day in this 2 bedroom, 2 bath floorplan. Buyers have the perfect opportunity to make this space their own since it is in its original condition. Many residents have reconfigured the floor plan to really make the best use of the space.
Owners enjoy one parking space & storage cage, along w/ an updated gym, pool, 24 security, bike storage, on site manager, solid condo board and staff. All updates have been completed, except for new pavers in the pool area, however there are no new assessments planned. This is a stable building w/ all required updates, reserves, and documents available for review.
Ocean Park is positioned at the beginning of North Beach on 64th and Collins. It is a very walkable area with the ocean, children’s park, dog park, ocean walk, public parking & transportation across the street. Shopping, grocery stores, restaurants, and entertainment are all at your doorstep.
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:
$365,000
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 | $292,000 | $292,000 | $292,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.375% | 5.490% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.333% | 6.520% | 5.783% |
| Monthly Tax Payment | $101 | $101 | $101 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,727 | $1,822 | $2,384 |
| Total Monthly Payment | $1,902 | $1,997 | $2,559 |
* 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.