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Beautifully renovated oceanfront condo available for seasonal rental at 5460 N Ocean Drive #5B on Singer Island, offered at $6, 500 per month. This bright and modern residence features sweeping Atlantic Ocean views, an open-concept layout, and expansive sliding glass doors that lead to a private balcony overlooking the beach, perfect for enjoying sunrise views and coastal breezes. The updated kitchen offers quartz countertops, custom cabinetry, and ample space for entertaining, flowing seamlessly into the living and dining areas. The spacious primary suite provides a relaxing retreat with a spa-inspired bathroom and generous closet space, while the clean, contemporary finishes throughout create a light and airy atmosphere. Residents enjoy a full-service, resort-style lifestyle with direct beach access, a heated pool and spa, fitness center, clubhouse, tennis and pickleball courts, and shuffleboard. Additional conveniences include a secure lobby, elevator access, on-site management, laundry facilities, bike storage, and beautifully maintained grounds. Ideally located close to shopping, dining, and entertainment, this exceptional seasonal rental offers the perfect opportunity to enjoy luxury beachfront living in one of Singer Island's most desirable oceanfront communities.
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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 |
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|---|---|---|---|
| Loan Amount | $5,200 | $5,200 | $5,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $32 | $33 | $43 |
| Total Monthly Payment | $107 | $108 | $118 |
* 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.