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LOCATION! LOCATION! LOCATION! BEACHSIDE LIVING AT IT'S BEST! LITERALLY STEPS TO THE BEAUTIFUL OCEAN BEACHES! From your backyard, walk to Indian River Lagoon Jaycee Park, with beach, boat & jetski ramps, tennis & pickleball courts, and picnic pavilions! Bring your metal detector and treasure hunt on one of three ocean beaches within walking distance! NO HOA! First time offering, welcoming pristine 3/2 Island Home with 1 car garage. Hardiplank siding on 3 sides, refaced brick on front Meticulously maintained and painted inside and out, impact glass all around, top of line metal roof, new Lennox AC in 2024, hardwood flooring, remodeled cook's kitchen with tons of cabinetry! Den/Office or 3rd bedroom w/closet. Storage everywhere including garage! Bring the RV! Extra concrete pad, 50 Amp transfer box & generator hookup and your own RV clean out! 125 gal underground propane tank, tankless hot water heater, auto sprinklers, room for a pool, has 10x10 storage shed! They chose highest lot to build! You can get access to private community deeded beach for $75 yearly. All utilities covered under one payment, runs around $200 on average. Very economical home! Seller does have wind mitigation from 2024, front door is not hurricane impact, everything else is. Close to South Hutchinson Island shopping & dining! Feel like you are on vacation everyday, with the beautiful drive to this home. Surrounded by water, intracoastal to ocean!
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.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$700,000
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 |
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|---|---|---|---|
| Loan Amount | $560,000 | $560,000 | $560,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.952% |
| Monthly Tax Payment | $224 | $224 | $224 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,403 | $3,536 | $4,650 |
| Total Monthly Payment | $3,719 | $3,852 | $4,966 |
* 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.