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Warning: Side effects may include daily beach visits, spectacular sunrises, and never wanting to leave! Enjoy true island living in this 3BR/2BA duplex on beautiful South Hutchinson Island, available for a 1-yr lease. Just one block from the beach (Porpoise Beach Access)! Relax on the oversized screened porch, where tropical breezes and the sounds of nearby live music create the perfect coastal backdrop. Spend your free time exploring Jetty Park, Jaycee Park, boating, fishing, kayaking, paddleboarding, scenic bike rides, waterfront restaurants, and the farmers market, shops, and events in Historic Downtown Fort Pierce. The backyard is fenced, and pets are considered on a case-by-case basis. Trade traffic for tides and discover why island living is the lifestyle you've been waiting for!
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,250
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 | $1,800 | $1,800 | $1,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $11 | $11 | $15 |
| Total Monthly Payment | $86 | $86 | $90 |
* 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.