![]() |
Under contract-accepting backup offers. Gulf Front Gem – 2BR/2BA Condo with Stunning Views & 7-Day Rentals Allowed. Welcome to your slice of paradise! This beautifully updated 2-bedroom, 2-bath Gulf-front condo is perfect for full-time living, a vacation getaway, or a lucrative investment opportunity with 7-day rentals permitted. Ideally located directly across from John’s Pass with its many shops and restaurants, this first-floor unit (actually second-level due to under-building parking) offers breathtaking Gulf views and resort-style living. Step inside to discover a split-bedroom layout featuring gorgeous granite countertops, brand-new Samsung SmartThings appliances, and an in-unit washer and dryer. The spacious balcony overlooks the pool and provides the perfect spot to unwind with a sunset view. Enjoy peace of mind knowing this well-maintained building has a new roof (2023), refurbished common areas (2022), and brand-new elevators (2024)—all completed with no special assessments. This unit also includes under-building parking space #109. No damage from Hurricanes Helene or Milton, and the current owners have never rented the unit, keeping it in fantastic condition. With a neighboring unit generating an estimated $60K–$70K annually in rental income, this condo is a prime opportunity for investors or those considering a 1031 exchange. Don’t miss out on Gulf-front living with unbeatable flexibility and value!
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:
$839,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $671,200 | $671,200 | $671,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.625% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.961% | 6.764% | 6.666% |
Monthly Tax Payment | $1,005 | $1,005 | $1,005 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,187 | $4,298 | $5,847 |
Total Monthly Payment | $5,284 | $5,395 | $6,944 |
* 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.