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This stylish 1-bedroom, 1-bathroom residence offers a perfect blend of modern comfort and an unbeatable location. Recently renovated with a fresh, contemporary design, the apartment features clean lines, elegant finishes, and a bright, inviting atmosphere that feels both cozy and sophisticated. What truly sets this property apart is its exceptional setting. Just steps away, you’ll find a beautiful park, a tennis center, and dedicated courts for pickle-ball and shuffleboard—ideal for an active and social lifestyle. Residents can also enjoy a well-maintained BBQ area and a scenic waterfront lot with grills overlooking the Intracoastal Bay, perfect for relaxing evenings and weekend gatherings. Located in a highly desirable area, this apartment combines convenience with tranquility. The building offers a low HOA, making it an attractive and cost-efficient option for both personal use and future investment. There are no special assessments, providing peace of mind for buyers. Ownership comes with flexibility: the unit can be rented after two years, offering potential for long-term income. Please note that this is a cash-only purchase and no special assignment is allowed. Whether you’re looking for a modern home or a smart investment in a prime waterfront community, this property presents a rare opportunity to enjoy the best of South Florida living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$205,000
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 | $164,000 | $164,000 | $164,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $306 | $306 | $306 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,010 | $1,036 | $1,362 |
| Total Monthly Payment | $1,391 | $1,417 | $1,743 |
* 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.