POSITIVE CASH FLOW! NO MILESTONE SURVEY REQUIRED! FULLY FUNDED RESERVES! Only 6 minutes to the sugary sands of Indian Rocks Beach; here's an incredible opportunity to own an Absolutely Turn-Key Short Term Rental, curated with high-end furnishings, artwork, and accessories, right down to the towels in the bathrooms and the silverware and dishes in the kitchen cabinets! Live here full-time or come down as a Snow Bird for as long or short as you choose. . . . OR begin earning money on short term rentals on Day One! NOT the usual tired-out, shabby thrift store furnishings for this beach property! Our little gem is offered with ALL the existing curated high-end furniture, artwork, accessories, Two 55" Smart TV and supplies including a back-up inventory of hotel quality towels and bed linens! Completely Renovated in 2022, this Super Cute 1/1 boast New HVAC (2019), New Water Heater (2020), New High-Impact Vinyl Windows 2021. The totally renovated kitchen (2021) features beautiful white shaker cabinets, matching SS appliances, high end Granite Countertops and stacked Washer and Dryer, hidden in a clever Pantry! The Living Room is furnished with a beachy sleep sofa equipped with comfy gel foam mattress and a handcrafted surfboard coffee table!. Fun, whimsical and handcrafted furniture and accessories adorn the entire condo. The Large bright bedroom features a new bed frame w/headboard and high-end GelFoam Mattress (07/2022)! The large and breezy and fully furnished screened lanai opens onto the serene park-like grounds, featuring a beautiful fountain! Keyless remotely-programable Smart Lock system enables multiple custom passcodes allowing for contactless check-in of guests and cleaning crew as well as the New Owner! The community features a large centrally located pool, lounging area and barbecue grill, just a 2 minute walk from the unit! "Casita Playa", as we lovingly refer too our adorable condo, is nestled in a quiet residential neighborhood but easily accessible to a myriad of restaurants, bars, night life, shops and beaches. The Southwest Recreational Complex is right across the street which has workout facilities, olympic lap pools, park and activities that open to the general public! Several Epic Nature Parks are within a bike ride away and of course the many World Class Gulf Beaches are minutes away as well. No Flood Zone (X) Non-Evac Zone These building are only two stories which avoids the current very expensive Milestone Inspection requirements on 3 or more story high condo buildings. There are currently no special assessments in the works. Despite condo documents stating otherwise, condo management is aware of, and has expressly sanctioned Short Term Rentals in this association. This sanction is not guaranteed to remain in place for any specified period of time. Cash Only, Listing Agent is Co-Seller of the property. This is an on-going STVR that is completely compliant with the rules and regulations of City of Largo and Largo Fire Dept. Rental history and Financials are available! Check out the 5-Star Reviews on our Airbnb and VRBO (link to listings furnished upon request)
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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 | $220,000 | $220,000 | $220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $207 | $207 | $207 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,445 | $1,462 | $1,855 |
Total Monthly Payment | $1,727 | $1,744 | $2,137 |
* 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.