Elevated beach condo just 2 blocks from direct access to arguably one of the best beaches on the Gulf of Mexico…Indian Rocks Beach (or as the locals say, IRB). Quiet neighborhood feel with great outdoor space offering shade and breezes even on the hottest of days. Yes, during recent storms, the under-building parking and storage areas encountered approx. 3 feet of water, but there was no damage to the condo itself. This 2 bedroom / 2 full bath unit is being offered fully furnished/turnkey (some storage contents excluded) and offers a superb opportunity to own a slice of paradise without the price tag. PLUS, with assigned covered parking for 3+ cars, a very large downstairs covered patio area just for you (the current owner has even hosted a wedding reception in it!). . . and just wait until you see the size of the private storage room…the added value just keeps ticking upwards. The welcoming interior layout makes great use of space, offering open plan kitchen / living / dining areas, AND being an end unit there is a lot of extra natural light. Inside laundry, brand new HVAC (installed 10. 29. 24), water heater 2023, electric panel 2019. Self managed association with a total of 5 units in the building. 2 pets (cats or dogs) allowed, no weight limit. 30 day minimum rental 30 with a maximum of 3 leases in a 12 month period. IRB is an outstanding, friendly and highly desirable beach community for full-time / seasonal residents and visitors alike. Golf-cart friendly with designated golf cart parking spaces at the beach accesses. Community pickleball and tennis courts, playgrounds, basketball court, skate park, Little League baseball, townhall, beach art center and library, several parks (including a waterfront nature park with outdoor exercise equipment), dog park, resident reserved beach parking, IRB resident use only boat ramp, plus great local restaurants and shops ALL within the IRB community. Be sure to VIEW THE 3D TOUR link for an immediate walk through experience, and schedule your in person visit today!
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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 | $299,840 | $299,840 | $299,840 |
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 | $98 | $98 | $98 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,020 | $1,993 | $2,529 |
Total Monthly Payment | $2,193 | $2,166 | $2,702 |
* 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.