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Seahorse Beach Bungalows is a renovated 17-room boutique hotel located at 2502 Tamarind Drive on North Hutchinson Island, Florida. The property consists of two buildings situated one block from public beach access and offers a mix of guest rooms, kitchenette accommodations, and multi-bed suites.
Recent improvements include renovated guest rooms, updated bathrooms, modern kitchenettes, upgraded HVAC systems, exterior improvements, and significant capital investment throughout the property. Amenities include parking, beach access, landscaped outdoor areas, security lighting, and guest-oriented common spaces.
The property is positioned near Fort Pierce Inlet State Park, Pepper Park Beach, the Navy SEAL Museum, downtown Fort Pierce, and Treasure Coast International Airport. Convenient access to recreational, dining, and waterfront attractions supports year-round visitor demand.
Property includes land, buildings, furniture, fixtures, and equipment associated with hotel operations. Buyer to verify all measurements, zoning, permitted uses, and property information during due diligence. Showings by appointment only. Please do not disturb guests or staff.
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed.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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$5,995,000
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 | $4,796,000 | $4,796,000 | $4,796,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.239% | 6.086% | 6.183% |
| Monthly Tax Payment | $5,783 | $5,783 | $5,783 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $27,988 | $28,754 | $40,471 |
| Total Monthly Payment | $33,896 | $34,662 | $46,379 |
* 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.