Investor’s Dream! Turnkey Property with Tenant in Place Starting October 1st – $1, 400/Month Lease – 1-Year Warranty Included
Unbeatable Investment Opportunity! Whether you’re looking for a profitable rental property or a low-maintenance seasonal retreat, this meticulously remodeled condo offers incredible value. A long-term tenant is set to move in on October 1st under a one-year lease at $1, 400 per month, ensuring immediate rental income with no vacancy downtime!
Located just off Gulf to Bay, this condo combines the charm of classic Florida living with unbeatable convenience. Prime location—minutes from Clearwater's beautiful beaches, shopping, airports, and major highways—making it a top choice for renters.
The first-floor unit features 1 bedroom and 1 bathroom, with brand-new wood-like tile flooring and a modern paint scheme throughout. The open layout between the dining area and kitchen makes it perfect for easy living and entertaining. The kitchen is outfitted with brand-new appliances and ample storage, ready to serve any tenant’s needs.
One of the standout features is the enclosed Florida Sunroom, an ideal space for tenants to relax, whether enjoying a morning coffee or winding down at the end of the day. Plus, the assigned parking space right at the door makes this unit even more attractive to renters.
Additional perks include:
Low monthly maintenance fee covering exterior maintenance, common grounds, water, sewer, and trash removal.
NO FLOOD ZONE—added peace of mind for you and your tenants.
Close proximity to grocery stores, restaurants, shops, and St. Petersburg College—just a short walk away!
With similar units renting for $1, 500-1600/month, this property offers excellent rental potential and positive cash flow.
Don’t miss out—whether you're a seasoned investor or just starting, this turnkey property with a tenant in place won't last long. Schedule a viewing today and start earning rental income immediately!
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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 | $113,600 | $113,600 | $113,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $94 | $94 | $94 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $756 | $755 | $958 |
Total Monthly Payment | $925 | $924 | $1,127 |
* 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.