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Step into paradise with this exquisitely renovated third-floor Shipwatch Villa, where breathtaking ocean views greet you from every angle. Imagine waking up to the shimmering Atlantic from both bedrooms and the main living area, then stepping out your back door to Boardwalk 6, leading you to pristine sandy beaches in under five minutes. Perfectly positioned near the iconic Cougar Point Golf Course, this villa offers not only beauty but lifestyle convenience. You'll love the proximity to The Sandcastle, an exclusive owners' retreat featuring a pool and state-of-the-art fitness center. Designed with a seamless blend of coastal charm and modern sophistication, this villa boasts shiplap-accented walls, a gourmet kitchen with stainless steel appliances, and an open-concept layout ideal for entertaining. The primary suite is your private sanctuary, complete with a king bed, double vanity, and a spa-like tiled walk-in shower. The guest suite offers two queen beds and its own beautifully updated walk-in shower. Both bedrooms and the spacious living room provide direct access to outdoor living, where the ocean views will captivate you. Recently updated, the Shipwatch building features a fresh, modern exterior, and this villa is sold fully furnishedperfect as your personal retreat or a turnkey investment property. Currently active in a rental program, it's ready to generate income from day one. Don't miss this rare opportunity to own a slice of coastal elegance. Buyer to pay ½ of 1% of the purchase price at closing to KICA and an additional ½ of 1% to Shipwatch Regimeboth are one-time fees. Governor's Club membership opportunity. Your dream of oceanfront living starts hereschedule your showing today! <
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,279,200 | $1,279,200 | $1,279,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.000% | 6.500% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.811% | 6.613% | 6.435% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,669 | $8,085 | $10,968 |
Total Monthly Payment | $7,794 | $8,210 | $11,093 |
* 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.