Welcome to the 56-acre Shipwatch Yacht & Tennis Club just off Indian Rocks Beach. Gated community, Walk to the Beach with access to 25 Restaurants & Shops. High ground, No flood insurance required. Large two-Bedroom, two-Bath, 1, 235 Sq Ft plus a 16-by-7. 7 screen enclosed Lanai accessed from Living room and primary Bedroom suite. 2nd floor villa enjoys 10' plus vaulted ceilings and finished Lanai with Southern Sunrises and morning Sunshine. Condominium conveys with a 20' x 13' private garage with a parking pad plus guest parking. 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 & 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' x 7' walk-in closet. Residence 1915 enjoys a split bedroom floor plan for privacy. Both the 2nd Bedroom & living areas are serviced by a full Bathroom ( bathtub with shower ) off the hallway. The mechanical closet with the air conditioner - new 2021 - and water heater as well as the laundry closet with Washer & Dryer can be found here. Some upgrades include white cabinetry with granite countertops in all the baths, a contemporary white coastal kitchen with granite countertops & stainless steel appliances. Every room has ample window space including the kitchen and living room showcasing the surrounding trees, foliage and mature natural landscaping. FURNITURE IS AVAILABLE FOR INSTANT OCCUPANCY OR RENTAL. Shipwatch is blessed with fresh water artesian springs naturally meandering through the 56 acres and emptying into the Intracoastal Waterway. Shipwatch Yacht & Tennis Club is a lush, 56-acre, gated, pet-friendly community on the Intracoastal Waterway w/ freshwater artesian springs, ponds, trails, two clubhouses with pools 1 Olympic size and 1 large heated lap pool with a spa, private 32-slip marina, workout facilities, barbecue grills, car wash & recycling area. 11 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 with 25 beach restaurants & shops. 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 w/ 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. Available for rent for 3 months starting Jan 15th, 2025 for $3500 Month plus cleaning plus + 13% tax.
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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% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.191% | 7.159% | 6.392% |
Monthly Tax Payment | $410 | $410 | $410 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,839 | $1,861 | $2,382 |
Total Monthly Payment | $2,324 | $2,346 | $2,867 |
* 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.