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Restricted boat slip available at Marina Palms Marina accommodating a vessel up to 60 feet in length and 22 feet in width. Located on the north side of the marina, this is a fixed (non-floating) dock. Ownership is restricted to current owners at Marina Palms or The Reserve at Marina Palms, or buyers simultaneously purchasing a residence within either tower. The slip is currently being offered in conjunction with Unit 605 at Marina Palms North Tower (MLS A12017738); however, purchaser is not required to acquire that specific residence as long as community ownership requirements are met. Slip may be utilized by an end user or rented through the marina program. Rent roll available upon request.
Marina Palms Marina offers full-service amenities including professional marina staff and dockmaster assistance, dockside high-speed internet, and on-site fueling services with both diesel and regular gasoline supported by two 12, 000-gallon fuel tanks. Additional conveniences include a well-equipped marina store and quick ocean access just minutes from Haulover Inlet. Marina market is open daily from 8 AM to 5 PM.
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Our Executive Mortgage Banker:
Our Insurance Division:
$325,000
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 | $260,000 | $260,000 | $260,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,497 | $1,665 | $2,159 |
| Total Monthly Payment | $1,572 | $1,740 | $2,234 |
* 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.