644 Island WAY, #505, Clearwater, FL, 33767 | $429,000

Discover the Condo you've been waiting for! No Hurricane Damage to this Condo!!! Brand New Flooring in Living and Kitchen! This impeccably maintained unit features NEW windows installed in 2022, featuring PGT WinGuard IMPACT-rated, vinyl, Low E windows with a transferable Lifetime warranty. The kitchen was reimagined in 2018, with a modern design that includes sleek white cabinets, white and gray marble countertops, and a matching backsplash. Stainless steel cabinet hardware and Samsung appliances add a touch of elegance. In 2015, both the primary and guest baths underwent a complete renovation. The interior showcases laminate flooring and fresh paint throughout. This fully furnished Condo is Move-in Ready! The building offers spacious rooms with large windows, creating a light and bright ambiance. While there's no balcony, the living room features Floor-to-Ceiling Windows with remote-controlled shades. Additionally, COVERED parking space #47 is part of the package! Enjoy a range of amenities, including a waterfront pool, boat docks (first come to residents), a fishing dock, and a kayak launch with storage. Island Estates provides a self-contained community atmosphere, yet you're just a Jolley Trolley ride away from the vibrant Clearwater Beach festivities year-round. The building, constructed with block construction, recently completed a painting/envelope project. Additional upgrades include new elevators (coming soon, one completed, and pre-paid by the seller), meeting the criteria required for valuable improvements. Island Point allows one rental per year with a cap of nine at a time, requiring one year of ownership, as well as an application and approval process for proposed tenants. The condominium allows NEW Buyers to have one cat or dog (with restrictions). New owners are welcome to bring their furry friend but are not permitted to replace them. This location is unbeatable – just minutes from the beach and within walking distance to dining, a bar and grill, a grocery store, UPS, a nail salon, and the Clearwater Marine Aquarium. Whether you seek a great condo getaway, a conclusion to your 1031 Exchange, or a full-time residence, this is the perfect opportunity! What are you waiting for? Come Live the Lifestyle, Come Live on the Island!

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 1
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Closet
  • Complex: ISLAND POINT 1 CONDO
  • Year Built: 1972
  • Approx Sq. Feet: 1,335
  • Est. Taxes: $2,674
  • Condo Fee: $798 Monthly
  • Lot Desc: City Lot, Near Marina, Sidewalk
  • View: City, Water
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Range, Washer
  • MLS#: U8222100
  • Days on Market: 100 days
  • Website: https://www.raveis.com
    /prop/U8222100/644islandway_clearwater_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 12/21/2024 10:47:07 PM)
Listing courtesy of COASTAL PROPERTIES GROUP INTERNATIONAL   Phone: 727-493-1555

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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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644 Island WAY, #505, Clearwater, FL, 33767

$429,000

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 $343,200 $343,200 $343,200
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 $223 $223 $223
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,312 $2,281 $2,894
Total Monthly Payment $2,610 $2,579 $3,192

* 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.