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Your Income Producing Beachside Beauty - Ocean Views, Income Potential & Just Steps to the Sand! Your Very Own Beachside Home or Air B&B!! Welcome to your perfect coastal retreat—just across the street from a beach access street, making your walk to the sand fast and easy! This move-in ready home sits on a corner lot in a rare and highly sought-after beach-side location. Whether you're looking for a primary residence, vacation home, or income-producing property, this home offers it all. Close to Hard Rock Hotel and Bellair Plaza!1 Zoned T1 (Tourist/Residential), the possibilities are endless. Inside, you'll find a bright, open layout with an updated kitchen, spacious Great Room, and modern flooring throughout the main living areas—ideal for entertaining or relaxing after a beach day.
The downstairs features two guest bedrooms, an updated full bath, and a laundry room that leads into a huge bonus roomperfect as a billiard room, home theater, game room, or any creative space you imagine. From there, a staircase leads to the private Owner's Suite upstairs, complete with an en-suite bath and ocean viewsa peaceful and spacious retreat all your own.
Step outside to enjoy the covered back porch, a perfect spot to relax or entertain, along with a nice backyard and a 1-car garage for your beach gear and storage needs. A keyless entry front door adds convenience, and the corner lot provides extra space and privacy.
This is a truly multi-purpose homewhether you're settling in full-time, creating a family getaway, or investing in a short-term rental near the beach, the location and layout make it a standout.
Don't miss this rare chance to own in one of the most desirable beachside areasschedule your private tour today and experience the coastal lifestyle!
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.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$549,900
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 | $439,920 | $439,920 | $439,920 |
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% | 7.050% | 6.152% |
Monthly Tax Payment | $378 | $378 | $378 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,781 | $2,890 | $3,683 |
Total Monthly Payment | $3,251 | $3,360 | $4,153 |
* 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.