|
Presented by
Orna Gusinski |
Rare opportunity to own a Direct Oceanfront Condo at Beautiful Cinnamon Beach at Ocean Hammock. Cinnamon Beach is like no other oceanfront property. Located in The Hammock, the gated community of Cinnamon Beach at Ocean Hammock offers approximately 2 miles of nearly private beach. Exceptional location on the 3rd floor with amazing ocean and beach views. This corner unit offers more windows for natural light, and this particular corner offers more privacy on the Lanai due to the angle of the next building. Conveniently located next to the Beach Walkover. Watch the shrimp boats and dolphins while you enjoy your morning coffee on the large, tiled Lanai. The largest condo floor plan available at Cinnamon Beach, this 3BR/3BA condo has a split bedroom plan ensuring privacy for all three bedrooms. The oversized Primary Bedroom features a King Bed, Desk, Large Windows to enjoy the Ocean Views, and a Spacious Ensuite Bathroom offering two separate vanities, large jacuzzi tub, walk-in shower, and water closet. Primary Suite Storage includes an In-Room Closet and a Second Large Closet with custom shelving that is currently used to store owner and vacation rental supplies. A Second King Bedroom with Ensuite Bathroom is centrally located off the Main Entrance Hallway. The Third Bedroom with Bunk Beds and a Queen Murphy Bed and Adjacent Bathroom are located on a separate hallway off the Foyer, past the Laundry Room, giving privacy and space for everyone. This floorplan offers the Larger Kitchen with Stainless Appliances and Granite Counters plus a bonus Breakfast Area. The Breakfast Table along with the adjoining Dining Room offers Indoor Dining for 10. With Additional Al Fresco Dining for 10 on the Lanai, this is a perfect space for Entertaining. The Living Room features an oversized Sliding Door with breathtaking views of the Beach and Atlantic Ocean. And don't miss the View of the 8th hole of the Ocean Course from the balcony (and the Tee Box view from the Breakfast Room). My Place at Cinnamon Beach has a solid vacation rental history with many repeat guests. With rentals scheduled into the summer and beyond, My Place at Cinnamon Beach can continue to be used as a short-term rental or arrangements can be made to convert it to a non-rental property. Rentals have been self-managed by the owner to assure that the condo has been both well maintained and kept in excellent condition. Water, cable and internet are included with the condo fees. The Ecobee Thermostat enables you to manage the HVAC with a phone app. The Yale Door Lock also enables app management and along with the Eero Wifi System makes this unit a very smart home. New windows installed October 2024. 4" Plantation Shutters throughout. HVAC was recently replaced. Owner's Storage Closet located in the Garage is perfect for storing chairs and beach toys. No Pets have been in this condo. All appliances and most furnishings and decor will convey. Personal items and some artwork/decor will not convey. Cinnamon Beach offers resort style luxury with 2 Pools - the Ocean Side Lap Pool/Spa with Cabanas and Elevator to a private sitting area. The second Lake Side Family Pool/Spa features Zero Entry Pool plus a Kiddie Pool and Play Area as well as the Fabulous Cinnamon Beach Grill, Adult Room , Kid's Play Room, Fitness Center, and more. Perfect to Watch Space Launches from Cape Canaveral! Seller is a Licensed Realtor in Florida. Showings By Appointment Only.
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:
$998,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 310.467.8176
Orna.Gusinski@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 203.952.8600
Joseph.Mollica@raveis.com
NMLS Mortgage Loan Originator ID 130058
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $798,400 | $798,400 | $798,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.300% | 6.247% | 6.183% |
| Monthly Tax Payment | $802 | $802 | $802 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,723 | $4,851 | $6,737 |
| Total Monthly Payment | $5,617 | $5,745 | $7,631 |
* 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.