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***100% REMODELED UNIT*** THIS IS THE CLEANEST UNIT FOR SALE IN BEACH AND TENNIS RIGHT NOW AND IS PRICED RIGHT! Schedule a tour and see what I mean. Everything has been updated, and this unit is being sold TURNKEY!
If you’re looking for a CLEAN and MODERN Beach Condo, 5700 #504 is for you! Such a special unit because it faces north, and because it’s on the northern face of the building, it is WHISPER QUIET, inside and out with no road noise. Perfect for relaxing on the lanai while the gulf breeze passes by, AND you have a gulf views from the living room—TRULY UNIQUE.
Updates: GORGEOUS NEW KITCHEN AND BATHROOM, NEW TITLE FLOORS, NEW HIGH-END APPLIANCES (including FULL SIZE dishwasher), TASTEFUL AND MODERN FURNITURE (including king size bed with storage), NEW AC 2024, NEW ON-DEMAND WATER TANK 2025, NEW 100 AMP ELECTRICAL PANEL, NEW STORM SLIDER, Fresh paint; THIS ONE HAS IT ALL!
Investor or owner…. . this CORNER UNIT makes sense! Clean kitchen with upgraded countertops, stainless steel appliances, new doors and hardware, and everything stays; This unit TICKS ALL THE BOXES & is move in or rental ready. A perfect addition to your rental portfolio with no costly or timely renovations or BUY WITH CONFIDENCE as an owner occupant (or savvy owner who rents and uses the unit getting the best of both worlds) knowing the unit is **TRULY TURNKEY**
The hard work has been DONE; landscaping, boat slips, tennis, more pickleball courts all in the works AND, ALL CURRENT ASSESSMENTS HAVE BEEN PAID.
Situated on 15 acres, this is a special property that remains affordable while being DIRECTLY ACROSS from the beach and close to restaurants. Buy now at a DISCOUNTED PRICE and step into instant equity when the property is fully complete.
GREAT rental potential here with generous THREE-DAY MINIMUS— perfect for the full-time investor or the savvy owner occupant who wants to make money when away. The amenities are starting to reopen with laundry available, elevators online, pool to reopen soon, and full updates to the community are close!
If you love the beach and being close to restaurants, coupled with a flexible HOA, this 5th floor quiet condo is for you!
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Our Executive Mortgage Banker:
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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 | $263,200 | $263,200 | $263,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | $36 | $36 | $36 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,664 | $1,729 | $2,203 |
Total Monthly Payment | $1,775 | $1,840 | $2,314 |
* 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.