**Cash offers only please** YES!! Short Term Rentals are allowed at Indian Oaks Condo. A tropical oasis with an Old Florida feel where folks are friendly and love where they live. LOW HOA FEES and Location! Location! Location! ***Property was damaged by recent hurricanes. Owner is moving forward with full remediation, renovations, upgrades and restoration. Can be sold as-is prior to renovations being completed if Buyer prefers** Just south of Belleair Beach with the most beautiful public beach access just steps to the water & sunset of Indian Rocks Beach. Built along Brown Park that has the beauty of the inter-coastal on its other side. Play tennis, pickleball, basketball or share great core memories on the playground. This unit presents an exciting opportunity for a West Coast second home, affordable beach home or Airbnb/long term rental nestled between the world-famous beaches of Clearwater and St. Pete. Unlock the potential for a lucrative investment in this laid back and relaxing beach town. This lovely, ground-floor condo at the end of a one-way street features a large master suite with a giant owner's walk-in closet and an additional closet for guests. The ensuite bath is tastefully updated with stylish lighting and vanity. Windows in every room let in waves of natural light that hint of the sunny day ahead on the shore. A large open common space has rooms with a dining area next to the updated, well-appointed kitchen that is being opened up for that open floor plan feel. This space is modern, sparkling clean and vacation ready! Imagine sharing the allure of the beach life with guests and enjoying the flexibility of short-term rentals to enjoy this unit yourself in the future as well. You or your tenants will relish the convenience of this quaint neighborhood condo just one block off the beach. There are added perks of a super close laundry room and mailboxes and a lush courtyard for guests to share. Each unit has its own designated parking spot and there are four additional guest parking spots as well. This condo is a truly desirable and accessible retreat for all ages. Indian Rocks Beach is golf cart friendly and hosts wonderful events all year including boat & golf cart parades, art and food festivals all in a low-key, small beach town style! A relaxing walk to the shore and all the fantastic entertainment, restaurants and shops of Indian Rocks Beach will make you feel like this is paradise! Don’t miss out on this Indian Rocks Beach treasure!
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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 | $260,000 | $260,000 | $260,000 |
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 | $202 | $202 | $202 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,708 | $1,728 | $2,193 |
Total Monthly Payment | $1,985 | $2,005 | $2,470 |
* 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.