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Wake up to sunshine filling the bedroom with the smell of salt air driving you out of bed and lull yourself to sleep each night to the rhythmic sounds of the waves crashing against the shore. This location is designed to refresh and rejuvenate the mind, body, and spirit. This rare Gulf-front duplex sits only steps away from your private beach access, offering the kind of intimate coastal lifestyle most will only experience on vacation. Each side features 2 bedrooms and 1. 5 baths (4 bedrooms total), with living spaces that open to private balconies overlooking the Gulf. Slide open the doors and let in the salty breeze. Upstairs, two comfortable bedrooms provide a peaceful retreat after long beach days. Shower off the feet downstairs before making your upward ascent. Covered parking, storage, and private washer and dryer for each unit add convenience, while the unbeatable location offers walkable access to local island dining and sunset cocktails. The biggest decision is the Waverly or Magnolias for dinner tonight. Maybe neither and a private picnic for two taking in the sunset or watching the dolphins playful interactions. Whether you choose to live in one side and lease the other, maximize short-term rental income, or create a multi-generational beachfront escape; this property delivers flexibility wrapped in pure coastal charm. There are no rental restrictions which pairs well with a turn & burn rental philosophy. This isn’t just an investment — it’s a front-row seat to the Gulf of Mexico. We welcome a call and a conversation about steps to maximize rental revenue.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,300,000
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 | $1,040,000 | $1,040,000 | $1,040,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.214% | 6.223% | 6.078% |
| Monthly Tax Payment | $723 | $723 | $723 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,987 | $6,319 | $8,706 |
| Total Monthly Payment | $6,835 | $7,167 | $9,554 |
* 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.