Welcome to Sea Shell, where opportunity meets coastal living! This stunning condo stood strong through the hurricane, with its main living areas remaining completely untouched. The elevated layout provides a sense of security, as only the garage was affected, making it one of the few homes that weathered the storm so well—something the entire community is talking about.
Step inside to discover a bright, open floor plan with beautiful bamboo flooring and an updated kitchen featuring stainless steel appliances. The large private balcony is perfect for sipping morning coffee or enjoying evening cocktails with a view. This home offers thoughtful conveniences, including in-unit laundry, custom closets, and a luxurious jetted tub.
Recent updates bring peace of mind, such as a new electrical panel (2021), A/C (2019), and hot water heater (2020). A scheduled roof replacement, with assessments already paid, is planned for November, ensuring the home is in top condition. And with a rare two-car deep garage, you'll have plenty of room for beach toys and parking.
The pet-friendly community offers a range of amenities, including a heated pool, kayak launch, fishing dock, outdoor showers, and a dog walk area. You're just steps away from local shops, restaurants, a trolley stop, and nearby pickleball and tennis courts. And, of course, the stunning beach sunsets are only a short stroll away.
With no rental restrictions and increased demand post-storm, this is a prime investment opportunity. The current full-time renter pays $3, 500 per month, with a lease that includes a 30-day opt-out option, providing flexibility to pivot to short-term rentals. The potential income could reach up to $60, 000 annually if you choose to convert it, maximizing your returns.
Priced attractively below recent community sales, this condo offers exceptional value in a desirable beach community. Whether you're seeking a personal retreat or a high-demand rental, this gem delivers the coastal lifestyle with thoughtful, smart advantages. Don’t miss your chance to own a piece of Sea Shell’s resilience and charm!
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Our Executive Mortgage Banker:
Our Insurance Division:
$569,999
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 | $455,999 | $455,999 | $455,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $363 | $363 | $363 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,034 | $3,031 | $3,846 |
Total Monthly Payment | $3,489 | $3,486 | $4,301 |
* 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.