This ground-floor condo was flooded on Sept. 27th, 2024 by Hurricane "Helene" but will be fully restored after remediation by Barefoot Beach Resort HOA. Short term rentals. . . with VINLY FENCED BACKYARD PATIO. . . GROUND FLOOR. . . NO STAIRS. . . YOU FOUND PARADISE in INDIAN SHORES - nestled between the Gulf of Mexico and the Intracoastal Waterway. NO PETS! All new tile flooring & newer A/C in this 2 Bedroom, 1 Bath (950 sqft) corner unit with BONUS SUNROOM offering to SLEEP 6 or more, and. . . AMAZING BACKYARD PATIO with PRIVATE GATE BACK ENTRY - just steps to white Gulf Beaches across Gulf Blvd. (privately deeded beach access and safe cross-walk)! Move-in ready & TURNKEY, OPEN FLOOR PLAN with attractive color scheme, ceramic tile floors & closets galore. Kitchen is fully equipped; Living Room & Dining Room feature built in wet bar with plenty of counter and cabinet space, plus flat screen TV. Bedrooms 1 & 2 are split, The SUNROOM can accommodate a pullout sofa or can be used as an OFFICE. BACK PATIO features outdoor lighting, table, chairs & umbrella - access to Sunroom. Barefoot Beach Resort is a true WATERFRONT OASIS with LUSH LANDSCAPE featuring HEATED POOL, SUN DECK, new community FISHING DOCK, BBQ GRILLS, outdoor picnic areas, multiple laundry rooms, bike storage, club room, PRIVATE BOAT SLIPS are subject to availability for rent or purchase. Cable & Internet, water, sewer, trash pick-up, insurance, maintenance and all common area are included in your HOA Fee (monthly $964. -). NO RENTAL PERIOD RESTRICTIONS: an ideal investment property, second home, or primary residence as this complex does not require or limit the days an owner can use their unit. In other words, you do not need to rent the unit, however, if you choose to rent, you may. For your convenience, there is an on-site rental / property management company, you can hire your own, or rent the unit yourself (AirBnB). So many FLEXIBLE OPTIONS at Barefoot Beach offering everything you could ever dream and more. Barefoot Beach Resort is located on 6 PRIME ACRES along 400 FEET of Intracoastal Waterway and is a completely refurbished development in 2006. Located in quaint BEACH TOWN of Indian Shores on the Gulf of Mexico with nearby dining, shopping, miniature golf and white sugar sand beach. Catch the Suncoast BEACH TROLLEY at the front of complex and it will take you up and down the Pinellas Beach Coast for a fun day of adventure. Close to famous John's Pass, Downtown St. Pete with restaurants, nightlife, museums and a pier with entertainment for all. 2 International Airports to serve you. TPA is 45 mins and PIE is 25 mins away. GREAT rental income and perfect for a 1031 tax-deferred Exchange. Hurry, this won't last!
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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 | $399,920 | $399,920 | $399,920 |
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 | $487 | $487 | $487 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,694 | $2,658 | $3,373 |
Total Monthly Payment | $3,256 | $3,220 | $3,935 |
* 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.