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Beachfront Paradise on Palm Island. Wake up to breathtaking Gulf views and the soothing sound of the waves in this beautifully updated 2-bedroom, 2-bath beachfront condominium at Palm Island Resort. Start enjoying the blue water and sandy shores, this coastal retreat offers the ideal blend of comfort, style, and island living. The bright, open floor plan is designed for effortless entertaining, featuring luxury vinyl plank flooring in living room, dining area and kitchen. The kitchen is well-appointed with ample cabinetry and generous counter space. Sliding doors fill the home with natural light and open to a private balcony where you can enjoy spectacular sunsets and panoramic beach views. The spacious primary suite provides a peaceful retreat with an en-suite bath, while the guest bedroom and second full bath with privacy and comfort for guests. Offered tastefully furnished, this turnkey residence is ready to enjoy as your personal island getaway or a desirable vacation rental. Located within the exclusive Palm Island Resort, owners enjoy access to pristine beaches, swimming pools, tennis and pickleball courts, fitness facilities, on-site dining, and miles of unspoiled shoreline. Accessible only by private boat or a short car ferry ride, Palm Island offers a rare opportunity to experience the tranquility and natural beauty of Florida's Gulf Coast just minutes from the mainland. Searching your own piece of paradise? This exceptional beachfront condominium delivers the ultimate coastal lifestyle.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$310,000
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 | $248,000 | $248,000 | $248,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.750% | 5.875% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.902% | 6.098% |
| Monthly Tax Payment | $511 | $511 | $511 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,527 | $1,609 | $2,076 |
| Total Monthly Payment | $2,113 | $2,195 | $2,662 |
* 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.