Gated community, walk to the beach, and according to owner, no flood insurance required. Large two-bedroom, two-bath, 1, 235 heated square feet plus a 16-by-7. 7-foot screen enclosed lanai accessed from living room and primary bedroom suite. Second-floor villa enjoys 10-foot plus vaulted ceilings and finished lanai with southern sunrises and morning sunshine. Condominium conveys with a 20-by-13-foot private garage with a parking pad plus guest parking. Welcome to the gated 56-acre Shipwatch Yacht & Tennis Club just off Indian Rocks Beach. Well laid-out executive floor plan with 10-foot vaulted ceilings, optimizing space, incoming natural light and functionality. The entrance door is fronted by a 6-by-8-foot private porch area. Step inside to the large 10-by-14-foot kitchen with white coastal cabinetry, granite countertops, an eating area, loads of cabinet and knick-knack space, and a breakfast bar that opens to the dining room. The unit's second-floor location affords vaulted ceilings and privacy. The primary bedroom is en suite and has its private access to the lanai. Large primary bath with dual vanities, privacy room, separate walk-in shower and 6-by-7-foot walk-in closet. Residence 1915 enjoys a split bedroom floor plan for privacy. Both the second bedroom and living areas are serviced by a full bathtub with shower off the hallway. The mechanical closet with the air conditioner and water heater as well as the 6-by-3-foot laundry closet can be found here. Some upgrades include white cabinetry with granite countertops in all the baths, a contemporary white coastal kitchen with granite countertops and stainless steel appliances, plus a new air-conditioning unit in 2021. Every room has ample window space including the kitchen and living room showcasing the surrounding trees, foliage and mature natural landscaping. Shipwatch is blessed with fresh water artesian springs naturally meandering through the 56 acres and emptying into the Intracoastal Waterway. Residence #1915 overlooks an open field from the front sitting area. Shipwatch Yacht & Tennis Club is a lush, 56-acre, gated, pet-friendly community on the Intracoastal Waterway with freshwater artesian springs, ponds, trails, two clubhouses with pools one Olympic size and one large heated lap pool with a spa, private 32-slip marina, workout facilities, barbecue grills, car wash and recycling area. Eleven Har-Tru tennis courts and pro shop with tennis lessons available, plus a few Har-Tru courts for pickleball. Only a short distance over the bridge to the sugar sands of Indian Rocks Beach and 25 beach restaurants and shops. Furnishings and contents are available as well. There is even a restaurant with a full bar and a billiards area being used as part of the clubhouse amenities. Boaters, bicyclists, tennis players and beach folks are welcomed and encouraged. Great for a full- or part-time Florida home or a rentable portfolio asset. Just a wonderful private resort-like atmosphere. Shipwatch is well known for its Har-Tru tennis facilities, with tennis pro and massage therapist on staff. Pickleball is all the rage these days. There is just no more land left at the beach to build places like this anymore. Great property at a fantastic price. Immediate occupancy available. Good condominium to use for a couple of years then keep as a rental asset. Enjoy the virtual tour.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $279,992 | $279,992 | $279,992 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | $410 | $410 | $410 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,839 | $1,861 | $2,361 |
Total Monthly Payment | $2,324 | $2,346 | $2,846 |
* 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.