483 E Shore DRIVE, #4, Clearwater Beach, FL, 33767 | $369,000

Discover an exceptional property that stands out for its unique appearance and rich history of repeat guests. Situated on the waterfront with an open boat dock and a private fishing pier, this property offers an unparalleled coastal lifestyle. On-site rental management is available seven days a week which is included in the HOA fee, ensuring seamless service for owners. Rare ability for unlimited owner usage as opposed to most Condo Hotels, owner can utilize as much as they’d like. Short term rentability or long term dependent upon owner preference. Owners are co-owners of the Coral Resort.
Residents enjoy unlimited access to the beach lifestyle. The well-managed HOA board prioritizes reserves and property maintenance, providing peace of mind to homeowners. Heated pool consistently around 86°F, this property is a popular retreat year-round.
Coral residents benefit from ample free parking, complimentary laundry facilities on-site and easy access to everything Clearwater Beach has to offer. Located just steps away from one of America’s top-rated beaches, residents can enjoy renowned dining options like Clear Sky, Frenchy's Café, The Palm Pavilion, and Frenchy's Rockaway, as well as premier shopping and all the excitement this iconic destination has.
Additionally, the adjoining unit D3 is available for purchase, presenting a unique opportunity for expansion or investment.

Features

  • Heating: Central
  • Cooling: Wall/Window Unit(s)
  • Levels: 2
  • Rooms: 1
  • Baths: 1 full
  • Laundry: Common Area, Laundry Room
  • Complex: CORAL MOTEL CONDO
  • Year Built: 1940
  • Common Charge: $706 Monthly
  • Approx Sq. Feet: 260
  • Acreage: 0.41
  • Est. Taxes: $3,422
  • View: Pool, Water
  • Pet Policy: No
  • Appliances: Convection Oven, Microwave, Refrigerator
  • MLS#: W7867497
  • Days on Market: 25 days
  • Website: https://www.raveis.com
    /prop/W7867497/483eshoredrive_clearwaterbeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/18/2024 1:34:50 AM)
Listing courtesy of RE/MAX MARKETING SPECIALISTS   Phone: 352-686-0540

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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483 E Shore DRIVE, #4, Clearwater Beach, FL, 33767

$369,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $295,200 $295,200 $295,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.000% 5.990% 4.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.429% 6.149% 5.152%
Monthly Tax Payment $285 $285 $285
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,770 $1,768 $2,315
Total Monthly Payment $2,130 $2,128 $2,675

* 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.