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Ocean Row | Singer Island - Residence #5 Two-Story Oceanfront Living, Reimagined. A rare opportunity to own within Ocean Row, a private collection of just ten two-story residences set along the oceanfront grounds of Singer Island. Designed to live like a home rather than a traditional condominium, Residence #5 offers over 2, 600 square feet of fully renovated living space with direct garage entry and no elevator access required. Completed in 2023, the residence has been thoughtfully reimagined with a clean, modern aesthetic and high-end finishes throughout. The designer kitchen anchors the main living space, featuring custom driftwood cabinetry, quartz countertops, under-cabinet lighting, and a full suite of new appliances, ideal for both everyday living and entertaining. The thoughtful two-story layout creates a natural separation between living and private spaces. The upper-level primary suite offers a true retreat, complete with dual bathrooms, four walk-in closets, a private balcony, and an expansive additional storage closet, thoughtfully integrated to enhance functionality without compromising design. Two guest suites on the main level each feature their own respective bathrooms and private patio retreats, creating quiet, separate outdoor spaces ideal for visitors or extended stays. A well-appointed laundry room on the main level adds everyday convenience, complete with a full-size washer and dryer, utility sink, and custom cabinetry, designed with both form and function in mind. A flexible bonus space, currently configured with custom closets, offers the option for a private office, dressing room, or additional storage. Additional upgrades include new porcelain tile flooring, updated interior doors and baseboards, a redesigned stairwell, motorized rechargeable window treatments, and major system improvements including a new A/C, air handler, electric water heater, and a water softener system for enhanced water quality and long-term efficiency. All completed in 2023. What truly sets this residence apart is its unique dual-access lifestyle. Enter privately through your attached garage into the residence, or step through the interior foyer's opposite entrance, which opens directly to the expansive pool deck and resort amenities, creating a seamless indoor-outdoor flow rarely found in oceanfront properties. The community is currently anticipating the completion of a full modernization project, including a complete redesign of the expansive pool deck. The vision reflects the same refined, contemporary coastal aesthetic seen at The Ritz-Carlton and St. Regis, with curated lounging areas, upscale furnishings, louvered cabanas, and dedicated barbecue spaces designed for relaxed, elevated outdoor living. Positioned on oceanfront grounds with private beach access just steps away, residents enjoy a full suite of resort-style amenities designed to elevate everyday living. The newly envisioned pool deck will feature two distinct pool experiences, including an adult-only pool and a separate family-friendly pool, along with a Jacuzzi, fire pit lounges, outdoor showers, and curated gathering spaces with upscale furnishings and louvered cabanas. An on-site full-service restaurant offers both dining and bar seating, while tennis and pickleball courts and two fully equipped fitness facilities provide the convenience of a private, on-site gym experience. Gated security completes the community. On the beach, dedicated service provides chairs and umbrellas set up daily, allowing owners to arrive and relax without the effort, adding to the seamless, resort-style lifestyle Ocean Row is known for. Unlike traditional high-rise living, Ocean Row offers a rare combination of space, privacy, and livability, delivering the feel of a private home within a full-service oceanfront setting. A private residence, a curated retreat, and a fully serviced coastal lifestyle, all seamlessly experienced from one address.
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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 | $1,160,000 | $1,160,000 | $1,160,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.350% | 6.361% | 6.223% |
| Monthly Tax Payment | $1,052 | $1,052 | $1,052 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $6,955 | $7,142 | $9,789 |
| Total Monthly Payment | $8,132 | $8,319 | $10,966 |
* 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. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.