Paradise awaits you at the JW Marriott, the newest and finest full service resort on Clearwater Beach! This coveted South-facing one bedroom, one bathroom suite comes turnkey and fully furnished, including a private primary suite, kitchen area and full sized washer and dryer, pull out couch in living room, owner's closet, and dining area. Oversized balcony is the perfect place to enjoy the balmy Gulf breezes and watch the dolphins frolic. . . Owning a vacation residence has never been easier, and the current owner selected this particular unit for its ideal orientation, offering unobstructed Gulf and beach views from your bed or couch! Luxurious finishes and gorgeous water and beach views, combined with the conveniences of a fully operational resort allow for the most ideal and carefree vacations. Enjoy elevated dining at one of the four restaurants on site, or spend a day soaking up the sunshine and aqua waters at either the private beach or 11th floor pool. Finish your day with a pampering treatment at the JW Spa and a relaxing evening in your private suite. . . the ultimate in relaxation and tropical delights! This unit is a condo-hotel unit (not eligible for full time occupancy/ Homestead) and may be rented through the Marriott rental program (or authorized agent) when unoccupied by owners, taking the hassle out of owning a rental property. If you've always dreamed of owning a vacation home at the #1 beach in the U. S. , there's never been a better opportunity! **GROSS REVENUE ON THIS UNIT AUG2023- AUG 2024 was $165, 686***
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Our Executive Mortgage Banker:
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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 | $839,920 | $839,920 | $839,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.500% | 6.500% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.296% | 6.622% | 6.680% |
Monthly Tax Payment | $0 | $0 | $0 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $5,448 | $5,309 | $7,317 |
Total Monthly Payment | $5,573 | $5,434 | $7,442 |
* 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.