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Rent to Own Free and Clear in 10 years 0 interest!!

Location, location, location, this ocean front condominium offers the Best of the Best and is perfect for only the most discriminating buyer!

The Space Coast is in the top five places to retire to http://realestate.yahoo.com/promo/5-great-cities-for-retirees.html


The building is unique in design and offers no common walls with any neighbors, Large 25' by 10' balcony directly on the ocean!, a one car garage, security entry, pool and large recreational area.

This southeast corner unit offers a spectacular, unobstructed view of the ocean from Cape Canaveral to Sebastian Inlet. All rooms have an ocean view. Watch the rockets launch from the balcony! Only the finest materials were used in the renovation of this home. All plumbing, toilets, doors, floors and more are new and of superior quality! The brick pattern tiled foyer was specially designed for this home and offers a medallion pattern with porcelain tile and marble inlays. Enjoy quality family time and entertaining in the fabulous living area which features 18 by 18 porcelain tile laid on cork in a diagonal pattern. The walls offer rounded edges, crown molding, six inch wood baseboards, and a large screen television that stays with the unit.



1 CAR GARAGE

GOURMET MAPLE WOOD KITCHEN CABINETS

PORCELAIN & MARBLE FLOORING

ROLLING HURRICANE SHUTTERS



The chef of the family will be in awe of the beautifully remodeled kitchen which offers, Dome Ceiling, Tiled Marble Murals above the deep double sink, range and end counter. All wood maple cabinetry, top of the line black appliances, under cabinet lighting, Bisazza Italian glass wall tiles which reflect on elegant thick granite counter-tops with triple waterfall finished edges are just some of the dramatic features that sets this gourmet kitchen apart from all the rest.

Retreat to the luxurious master suite which offers a

private bath, dressing area with vanity, an enormous walk in closet,

and custom paint. The lavish guest bath offers marble floor and walls, an

all wood maple vanity, new plumbing hardware and a tiled mural within the shower. The secondary bedroom also offers porcelain flooring, ceiling fan and ample closet space.

Entire unit has heavy duty rolling hurricane shutters that completely secure this unit against damage from storms! The building has a new roof, has been completely repainted and looks new, enjoy lowest H O A fees on the coast. Owner financing that is very attractive!

Here are a few financing options to consider:

With you originating a $250,000 loan I WILL CARRY THE Outstanding Balance AT .5% INTEREST for 10 years, (neg) non transferable . That is an excellent financing option! Why pay the BANKSTERS long term interest? Do a comparison for a comparable loan and you will see the amount that goes towards interest. For example, A loan for $200,000 generates $143,739. for the BANKSTERS in interest alone at 4% for 30 years and costs $955./Mo! With my financing option, That $200,000, will cost you, based on 30 years amortization and .5% interest, $598.00 per month with you developing fast equity in this property.

RENT TO OWN OPTION:

Fantastic opportunity. I will rent to own this property for $3750. per month for a period of 120 payments or 10 years until the unit is paid for. At that point you will be given the deed free and clear. During this period, all expenses will be included, taxes, water wind insurance and HOA fees like any other rental unit, the difference is that in 10 years it will be deeded in your name. This will be accomplished by a legal contract and serviced through a title company.

COMPARE THIS TO:

Bank financing charges you interest that makes the original cost of the property skyrocket. Taking the selling price over 7.4 years at 4% interest without a down payment, the total you will have paid will be $474,000 plus taxes of $35,000, plus insurance for a total of $521,000. That is if you can get a loan like this. A 30 year note is more common and at the end, you will have paid over $900,000 for this property with taxes. Here is a link to use a mortgage calculator.
http://www.mortgagecalculator.org/


Or if you have a cabin with land in the North Georgia mountains, I may be willing to trade equity or you can use it as a down. This is a perfect place for a retired couple as it has no maintenance, lowest HOA ($350/Mo) on the coast, always an excellent view and you can lock it up for months at a time and travel! E-mail me with any questions. Here is a link for the unit.


http://www.buyowner.com/ORL24722