483 E Shore DRIVE, #D4, Clearwater Beach, FL, 33767 | $349,000

A One-of-a-Kind Clearwater Beach Treasure Awaits! NO HURRICANE DAMAGE, MILESTONE INSPECTION EXEMPT. MOVE IN OR RENTAL READY!
Nestled in the charming Coral Resort with a history of repeat guests, this boutique-style, waterfront gem offers an extraordinary opportunity for unlimited owner usage—a rarity among condo hotels. Whether you’re looking for your personal Florida retreat or a savvy investment property, this unique unit offers the freedom to stay as long as you like or maximize your returns with short- or long-term rentals. As a co-owner of the Coral Resort, you’ll enjoy the perfect balance of tranquil waterfront living and vibrant beachside energy.
Imagine waking up to the serene sunrise over the intracoastal waterway, with dolphins often swimming just beyond the private pier. As the day winds down, stroll just one block to Clearwater Beach, where the sugary sands and breathtaking sunsets await. The impeccably maintained grounds provide a peaceful retreat, complete with a heated pool and boat docks, ideal for fishing or relaxing by the water.
This fully furnished unit includes two twin Murphy beds, a full kitchenette, and a walk-in shower, delivering comfort and convenience in every detail. Steps away, you’ll find Clearwater Beach’s renowned restaurants, including Frenchy’s, Palm Pavilion, and Clear Sky, along with shops, cafes, and an exciting nightlife scene.
Need more space? The adjacent unit is also for sale, presenting a rare opportunity to combine two properties into one spacious retreat or live in one while renting out the other for extra income.
Don’t miss this rare opportunity to own a slice of Clearwater Beach paradise. With its prime location, flexible rental potential, and high demand, this property won’t last long. Schedule your showing today and make your beachside dreams come true!
Unit is being utilized very frequently as a short term rental, we'll do our best to accommodate
showings between tenants. Adjacent Unit also being sold, providing the opportunity to purchase both units and combine
into one larger unit or rent one for income while residing in the other.

Features

  • Heating: Wall Units / Window Unit
  • Cooling: Wall/Window Unit(s)
  • Levels: 1
  • Rooms: 3
  • Baths: 1 full
  • Laundry: Common Area
  • Complex: CORAL MOTEL CONDO
  • Year Built: 1940
  • Common Charge: $706 Monthly
  • Approx Sq. Feet: 260
  • Acreage: 0.41
  • Est. Taxes: $2,983
  • Lot Desc: FloodZone
  • View: Pool, Water
  • Pet Policy: Yes
  • Appliances: Cooktop, Microwave, Range, Refrigerator
  • MLS#: TB8324035
  • Days on Market: 34 days
  • Website: https://www.raveis.com
    /prop/TB8324035/483eshoredrive_clearwaterbeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/26/2024 7:17:07 PM)
Listing courtesy of BHHS FLORIDA PROPERTIES GROUP   Phone: 727-799-2227

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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483 E Shore DRIVE, #D4, Clearwater Beach, FL, 33767

$349,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $279,200 $279,200 $279,200
Term 360 months 360 months 180 months
Initial Interest Rate** 7.375% 7.125% 6.125%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.474% 7.282% 6.412
Monthly Tax Payment $249 $249 $249
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,928 $1,881 $2,375
Total Monthly Payment $2,252 $2,205 $2,699

* 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.