LEASE OPTION AVAILABLE! NO FLOOD INSURANCE REQUIRED | GORGEOUS GRAND BELLAGIO CLEARWATER WATERFRONT TOWNHOME STYLE CONDO | Discover sophisticated waterfront living with NO flood insurance required in this premium corner residence at the prestigious Grand Bellagio community built alongside the pristine waters of Tampa Bay. Built with exceptional foresight, the entire community was constructed at an elevation that eliminates the need for flood insurance - a remarkable benefit that sets this property apart from typical waterfront properties. This Mediterranean-inspired two-story townhome-style condo offers the perfect blend of luxury and practical waterfront living, combining peace of mind with stunning water views.
Step into this distinguished residence and immediately notice the elevated first floor showcasing elegant marble-look tile throughout. Soaring ceilings adorned with refined crown molding create an atmosphere of grandeur and Italian elegance, while the rare attached two-car garage offers abundant storage for your cars as well as your water toys. Pet lovers will appreciate the convenient main-level pet washing station, making beach days with your furry friends effortless.
The entertainment-ready design features an open-concept floor plan that maximizes breathtaking water views to the inlet with boats passing by. The chef's kitchen stands as a culinary masterpiece with premium granite countertops, a spacious pantry, and an space that flows seamlessly into bright living and dining spaces with windows that face onto the waterfront.
Ascend to your private retreat in the expansive upper-level master sanctuary. The luxurious en-suite bathroom boasts dual vanity sinks, an oversized soaking tub, and a separate shower enclosure. A generous walk-in closet provides abundant storage, while two additional bedrooms and a full bath complete the upper level, offering perfect accommodations for family or guests.
Outdoor living reaches new heights with dual private balconies strategically positioned above the water for stunning sunrises and sunsets. The screened balcony off the kitchen ensures bug-free enjoyment, while the open-air balcony presents the perfect setting for sunset viewing. Both vantages offer panoramic water vistas that remind you daily of your privileged waterfront location.
The Grand Bellagio lives up to its name as it provides a resort-style living experience with secured access and 24/7 guard service. Residents enjoy access to a refreshing community pool, modern fitness center, tennis courts, and a family-friendly playground. The thoughtfully engineered drainage systems throughout the community provide additional peace of mind during tropical weather. This property as never had water intrusion.
This prime location offers the best of all worlds - walking distance to premier marinas, easy public transit access, and just minutes from Starbucks, Costco, Target, Publix, amazing dining and the beaches. The elevated position in this sought-after waterfront community creates the perfect balance of accessibility and exclusivity.
Experience the pinnacle of waterfront living where luxury meets practical design. This thoughtfully positioned residence offers all the beauty of waterfront living while staying high and dry - and your wallet will thank you for the flood insurance savings. Schedule your private tour today to discover your new waterfront lifestyle.
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $476,000 | $476,000 | $476,000 |
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 | $200 | $200 | $200 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,207 | $3,164 | $4,014 |
Total Monthly Payment | $3,499 | $3,456 | $4,306 |
* 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.