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Presented by![]() Philippe Doh |
DIRECT OCEANFRONT CONDO! Positive Cash flow investment and/or vacation property. Produced more than $21, 000 in revenue for 2024. 2025 revenue expected to be around $35, 000 based on 2023 performance. Watch the waves and the rocket launches from your private oceanfront balcony. This unit is part of the Hawaiian Inn rental program. It is a very popular unit because of the unobstructed ocean view. The studio has a queen size beds a nicely equipped kitchenette and a full bath. You will love the wood look porcelain tile flooring! The Hawaiian Inn is a really fun place to stay, with a huge newly resurfaced and sparking pool, an indoor heated pool, a Tiki bar with amazing cheeseburgers, and a game room. Hawaiian offers a huge parking lot and allows 16' trailers, so bring your toys! Located on the World's Most Famous Beach- miles of beach to play on, swim in, and drive on tide permitting. Close to NASCAR, the airport, dining and shopping. All assessments paid! Priced to sell.
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:
$144,999
Licensed Real Estate Salesperson
William Raveis Real Estate
Phone: 917.250.5285
Philippe.Doh@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $115,999 | $115,999 | $115,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.007% | 7.037% | 6.152% |
Monthly Tax Payment | $159 | $159 | $159 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $724 | $762 | $971 |
Total Monthly Payment | $958 | $996 | $1,205 |
* 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.