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OCEAN VIEWS AND LUXURY UPDATES IN OCEAN BAY VILLAS Ocean views, coastal breezes, and luxury updates define this stunning townhome in the gated beachfront community of Ocean Bay Villas on Hutchinson Island. Boasting 10-ft ceilings, this spacious 3BR plus den, 3. 5BA residence features a private elevator and a 2-car garage. The second and third floors capture turquoise ocean views and a relaxed island atmosphere, while multiple private balconies create the perfect setting for morning coffee or evening cocktails while taking in the Atlantic. Thoughtfully updated throughout, the residence showcases modern coastal finishes and an extensive list of improvements. The renovated kitchen showcases quartz leather-finish countertops, custom glass mosaic backsplash, lacquered soft-close cabinetry, and new high-end European stainless steel appliances. MAJOR PROPERTY UPGRADES Full impact glass windows and doors New Lennox variable-speed AC system with Wi-Fi thermostat and UV light 2025 New vinyl plank flooring, Wi-Fi-enabled entry and garage access Custom zebra window treatments Decorative lighting and ceiling fans Custom Florida Cypress barn door in den COMMUNITY AND LIFESTYLE PERKS Steps from private beach access, clubhouse, fitness center, heated pool, and hot tub Pet and investor friendly allowing immediate rentals up to six times per year Experience the best of Hutchinson Island living in one of the area's most desirable beachfront communities!
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Our Executive Mortgage Banker:
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$679,000
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 | $543,200 | $543,200 | $543,200 |
| 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 | $813 | $813 | $813 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,345 | $3,430 | $4,511 |
| Total Monthly Payment | $4,250 | $4,335 | $5,416 |
* 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.