Priced below market value! Don't miss out on this rare and magnificent opportunity to own a piece of history in the renowned "Narrows" of Indian Rocks Beach! Welcome to Cypress-N-Sun, an exclusive eight unit condominium complex boasting old Florida charm and panoramic views of both the Gulf and Intracoastal waterways. Situated on Gulf Blvd. , this complex comprises two buildings, each housing four units, providing the perfect blend of beach front and waterfront living. Take in breathtaking sunsets from the common area patio. This beautifully updated unit offers three bedrooms, two bathrooms, and two privately owned parking spaces, along with a rare 9 X 14 storage unit equipped with shelving-a true gem on Pinellas County beaches. Plantation shutters adorn all bedroom, bathrooms, kitchen, and dining areas, adding both elegance and functionality. Inside, you'll find a host of upgrades including interior paint throughout including kitchen cabinets, luxury vinyl flooring throughout, natural stone bathrooms fully remodeled, all new hardware, lighting and fans - all meticulously maintained and fully furnished for your convenience. The property's common areas are exquisitely landscaped with low-maintenance plants and sea dunes, providing natural protection and blossoming with wildflowers each year. Outdoor amenities include an outdoor shower, and a 9' x 40' wraparound deck with unobstructed views of the intracoastal and partial Gulf views. Secluded beach access with gated entrance and exit, ensuring your beach front paradise remains exclusively yours. A bonus, each owner enjoys 1/8th ownership of the dock on the intracoastal. Experience coastal living at its finest in this one-of-a-kind condominium unit. Schedule your viewing today and seize the opportunity to own your own sliced of paradise in Indian Rocks Beach.
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Our Executive Mortgage Banker:
Our Insurance Division:
$995,000
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 | $796,000 | $796,000 | $796,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $943 | $943 | $943 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,097 | $5,097 | $6,989 |
Total Monthly Payment | $6,132 | $6,132 | $8,024 |
* 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.