Unique Turnkey Beachfront Condo in Village Sands is a Rare Opportunity! These units RARELY become available, but here's your chance to own a newly renovated beachfront condo in the highly desirable Village Sands community! Just steps from the beach, this condo offers stunning ocean views and breathtaking sunsets. With low HOA fees and a remarkable rental history providing an NOI of $50K+ in the last 12 months, this property is a fantastic investment opportunity. Village Sands is a one-of-a-kind community featuring only 10 units, spread across 5 buildings with just 2 units per building. This condo boasts an open, split floor plan that is light and bright, having undergone a comprehensive renovation in late 2020. The upgrades include a brand-new kitchen with white shaker cabinets and quartz countertops, updated flooring, modern bathrooms with new vanities, shower tile, hardware, and fresh paint throughout. Enjoy water views from the living, dining, and kitchen areas. Additional recent upgrades include a new roof in December 2023 and a new AC system in January 2024. Two hurricane-impact sliding glass doors lead to a large covered balcony, adding an extra 375 sq ft of outdoor living space where you can listen to the waves and enjoy the beautiful ocean views. The property offers covered parking under the building with space for 3 vehicles, includes a storage unit for beach gear and has an outdoor shower area to wash off the sand after having an amazing day on the beach. With private beach access, you'll enjoy 200 feet of exclusive beachfront just before the stunning and family-friendly beaches of Indian Shores. Conveniently located close to restaurants, coffee shops, beach stores, and convenience stores, this condo is perfect for a second home or rental investment property. Short-term rentals are allowed (no minimum stay), the community is pet-friendly, and the HOA fees are a low $3, 400 per year. This covers basic cable TV, internet, building maintenance, water/sewer/trash, and ground maintenance. The condo is turnkey and fully furnished with bookings through April 2025 that can be transferred to new owners, or if you're looking to make it a primary residence, the current owner can cancel the future bookings. Don't miss out on this incredible opportunity to own a piece of paradise at Village Sands!
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:
$830,000
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 | $664,000 | $664,000 | $664,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.333% | 6.876% | 6.936% |
Monthly Tax Payment | $657 | $657 | $657 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,307 | $4,307 | $5,876 |
Total Monthly Payment | $5,055 | $5,055 | $6,624 |
* 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.