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OWNER FINANCING AVAILABLE!! A rare and irreplaceable oceanfront estate offering an exceptional blend of refined coastal living and high-performing income potential. Situated on an expansive 0. 63 acre oceanfront lot, zoned RMF 7. 5 an acre, this private compound features two distinct residences and is currently operating as a successful luxury Airbnb retreat. Designed for both exclusivity and flexibility, the dual-residence layout is ideal for a private owner’s enclave, multi-generational living, or a premier short-term rental investment. With limited oceanfront properties offering this level of scale and versatility, opportunities like this are becoming increasingly scarce. Enjoy sweeping ocean views from the rooftop deck—perfect for sunset entertaining—while the private pool and spacious grounds create a resort-style setting for relaxation and guest enjoyment. The direct oceanfront setting delivers an unparalleled connection to the water and a true luxury lifestyle experience. The primary oceanfront residence presents a compelling value-add opportunity, finishing renovations are underway, and this allows a discerning buyer to fully customize finishes, design, and appointments to their exact vision. With completion, the property is well-positioned to command a significantly higher market value in line with other fully renovated luxury oceanfront estates, offering meaningful upside potential for both end-users and investors.
Located just moments from restaurants, shopping, and the main beach, this is a rare chance to secure a premier beachfront compound with both immediate income, and long-term appreciation potential. Take a short stroll through the sand to the vibrant turquoise teal ocean, and feel the serenity. Offers rental flexibility as short term rentals are permitted.
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:
$4,300,000
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 | $3,440,000 | $3,440,000 | $3,440,000 |
| 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 | 6.362% | 6.385% | 6.223% |
| Monthly Tax Payment | $1,227 | $1,227 | $1,227 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $20,625 | $21,181 | $29,029 |
| Total Monthly Payment | $21,977 | $22,533 | $30,381 |
* 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.