WEEKLY RENTALS offering maximum rental income potential. Welcome to HIGHLY DESIRABLE SAN REMO CONDO. YOUR PERFECT COZY BEACH GETAWAY AWAITS! Immerse yourself in the ultimate waterfront lifestyle with this beautiful two-bedroom fully updated condo in a beachfront community on the serene shores of Redington Beach. This beautifully updated condo offers a larger 2-bedroom model with ceramic tile and luxury vinyl flooring in bedroom, creating an open and spacious feel. The kitchen boasts modern updates, including custom cabinetry with granite countertops, and newer stainless-steel appliances. The guest bathroom was updated in 2023 and features granite countertops, and a fully tiled shower with a glass enclosure and new flooring. The primary en-suite bedroom offers a generous space and sliding glass doors to the balcony providing a tranquil retreat. The windows and sliding glass doors are all impact resistant. Additional features include a new HVAC & new washer and dryer. Additional outdoor delights include swimming pool, barbecue areas, pavilion, and direct beach access. This turnkey property ensures your seamless transition into this coastal oasis. This condo comes with the added benefit of rental income history during the last 3 years. Live the dream of a relaxing coastal lifestyle in the heart of Redington Shores, where each day is a celebration of the sun, sea, and the comforts of coastal living. San Remo is one of the very few condos in Redington Shores that is grandfathered to allow 1-week rental policy making it a excellent investment for anyone looking for a cozy beach getaway that can also be used as a vacation rental. Located on the Gulf of Mexico just steps away to the beach sits the brand new (completely renovated in 2023) heated pool and hot tub for owners and guests to enjoy, complete with grill area to enjoy beachside cookouts! San Remo is an intimate 39-unit, mid-rise building with an elevator & secure lobby with coded entry. Covered parking under the building for owners and ample parking for guests. This unit is a fantastic investment. Owners' pets are permitted with approval of the board. Other nearby outdoor activities include shopping, restaurants, boating, fishing, golf, tennis, professional sports, museums & airports. Embrace the beach vibes and small-town charm of Redington Shores- a perfect getaway awaits!
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Our Executive Mortgage Banker:
Our Insurance Division:
$650,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $520,000 | $520,000 | $520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $575 | $575 | $575 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,503 | $3,456 | $4,385 |
Total Monthly Payment | $4,170 | $4,123 | $5,052 |
* 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.