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RARE OPPORTUNITY IN BEACH COTTAGE CONDOS! This first floor 2 bedroom, 2 full bathroom unit offers the UNIQUE FEATURE of being just 1 of 6 units with direct walk out access to the serene pool deck and beach! Located directly on the sand, this unit is designed for both personal luxury and high-yield short-term rental potential. Enjoy the panoramic views of the Gulf of Mexico and beach views from the kitchen, living room, and primary bedroom. The private 24x7 balcony is perfect for watching Florida’s phenomenal sunsets, easy walk out to the BBQ grills and offers a large storage room for beach gear. Sold FULLY FURNISHED and "TURN KEY. " with features that include Luxury Vinyl flooring throughout, granite countertops an electric fireplace in the living room, a stackable washer/dryer, and storm-glass sliders & windows, etc. . . plus a completed Milestone Inspection for added peace of mind. This is one of the few communities that was minimally affected by the 2024 Hurricanes with no damage to the pool deck! The Community Amenities provide a resort-style atmosphere with amenities tailored for relaxation and convenience such as a Large heated pool and spa deck featuring gas grills, outdoor showers, restroom facilities, On-site kayak storage a dedicated car wash area, Under-building assigned parking, plenty of guest parking, and an elevator for easy access. AWESOME INVESTMENT POTENTIAL! This community allows for a 7-day minimum rental period, making it an ideal choice for owners looking for a property with an outstanding short-term rental clientele and high dollar return. Ten weeks of future bookings ($15, 961. 79) currently on the books to move with purchase. $40, 021. 75 in gross bookings in the last 12 months. Financial Reports available upon request. You and your guests will also appreciate the location as it is Ideally situated with easy access to the Trolley, to interstate I-275 and is within walking distance to local shopping and dining. Schedule your private viewing tour today before its gone!
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Our Executive Mortgage Banker:
Our Insurance Division:
$649,900
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 | $519,920 | $519,920 | $519,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $631 | $631 | $631 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,114 | $3,244 | $4,283 |
| Total Monthly Payment | $3,837 | $3,967 | $5,006 |
* 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.