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Charming 2/2 Condominium – Steps from the World-Famous Resident's Beach Located across from the pristine, world-renowned Resident's Beach, this 2-bedroom, 2-bathroom condominium offers the perfect canvas for your dream coastal retreat. Featuring highly desirable southern exposure, the unit is bathed in natural light throughout the day, creating a warm and inviting atmosphere. Situated on the largest of the Ten Thousand Islands and ranked as the #1 island in the U. S. by TripAdvisor, this property presents an incredible opportunity to make your mark in a sought-after community. The spacious layout includes two generously sized bedrooms and two bathrooms, offering ample space for comfortable living. Additionally, the unit is equipped with its own washer and dryer, adding extra convenience and practicality for everyday living. Located just steps from the elevator, this unit offers both convenience and easy access.
The community is proactive and well-funded, ensuring well-maintained common areas and consistent property value growth. As a resident, you’ll be part of a vibrant, social, and active community. Engage in friendly competition or casual play with tennis and pickleball courts just a short walk away. The community also boasts a resort-style spa and pool, perfect for relaxation and unwinding after a day at the beach. Centrally located, this condo puts you in close proximity to local shops, dining, and entertainment, while the beach is right across the way for easy access to sun, sand, and surf. The neighborhood is known for its laid-back yet lively atmosphere, perfect for both full-time residents and seasonal snowbirds looking to embrace the island lifestyle. Whether you're looking for a move-in-ready home or an opportunity to invest in a thriving community, this southern exposure condominium offers tremendous potential. Don’t miss the chance to be part of this exceptional island living experience!
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.250% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.944% | 7.025% | 6.046% |
Monthly Tax Payment | $110 | $110 | $110 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,458 | $2,622 | $3,315 |
Total Monthly Payment | $2,643 | $2,807 | $3,500 |
* 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.