SPOILER ALERT: This condo has an ADDITIONAL ROOM which makes for a PERFECT 2nd SLEEPING ROOM or OFFICE. Located just 2 blocks to the sands of Indian Rocks Beach, and a short distance to a plethora of fun in the sun beach town activities, owners and guests simply love the location, privacy and uniqueness of this property. Yes, the under-building parking and storage areas encountered approx. 3 feet of water during recent storms, but the stilted structure sits high and dry and there was no damage to the unit itself. Enter by way of your own private staircase entry, into an updated, light and bright condo (corner unit = more natural light), featuring open plan living, kitchen and dining. French doors open up the living space to a private covered screened porch and open balcony. Rain or shine, this is undoubtedly a favorite spot to unwind with a favorite beverage in hand. The kitchen was fully renovated in 2017 with shaker style cabinets, quartz countertops and stainless steel appliances. The primary bedroom is a very generous size and offers a whole wall of closet space plus ensuite bath with walk in shower. 2nd sleeping room / office has ensuite access to the 2nd full bathroom. All flooring (except the bathrooms) was replaced in 2017. Electric panel (2019). Water heater (2017). HVAC (2004, currently functioning / pending replacement). Inside (oversized) laundry room. Assigned covered parking for 4+ (yes FOUR+) cars, AND an oversized private under building storage room. Offered fully furnished/turnkey (a few personal items and some storage contents excluded). 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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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** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $323 | $323 | $323 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,995 | $1,993 | $2,529 |
Total Monthly Payment | $2,393 | $2,391 | $2,927 |
* 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.