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Enjoy resort living in this stunning and spacious beachfront residence located in a modern full-amenity building. Walk through the front door and be awed by the expanse of the ocean view and the sweeping veranda on which to enjoy it. All new furniture graces the veranda: an outdoor dining room adjoins the living room, while outdoor lounge areas adjoin each of the 2 large ensuite bedrooms. The main living area includes a large open concept kitchen that flows seamlessly into the dining and living room. The dining room features brand new modern furniture, with seating for 4 at the table and an additional 2 at the kitchen island. Fully furnished, with an in unit washer and dryer, too, this opportunity is completely turnkey. The Lyfe resort has world class amenities, including beach service, ocean front pool, state of the art fitness center, spa, gourmet and casual dining, 24-hour security, concierge service, and valet parking. With short term rentals, including AirBnB, allowed, this presents an exceptional investment opportunity, while also providing a personal luxury escape. Investor-friendly beachfront residence with strong short-term rental appeal and proven rental history. Over $85k in annual rental income in the last 12 months. Revenue information is included in the attachment. Future booking details available upon request.
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:
$820,000
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 | $656,000 | $656,000 | $656,000 |
| 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 | 6.263% | 6.121% | 6.203% |
| Monthly Tax Payment | $1,136 | $1,136 | $1,136 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,828 | $3,933 | $5,536 |
| Total Monthly Payment | $5,056 | $5,161 | $6,764 |
* 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.