Rare opportunity for a Direct Gulf Front condominium offered fully furnished/turnkey and tastefully decorated in the area's most successful vacation rental building. Strong 2025 rental income on the books. The owner's Pride of Ownership shows. The direct west views can be enjoyed from the master bedroom, living area, dining area and kitchen. The huge 7' X 20' covered balcony/patio is great for morning coffee, entertaining/dining and viewing the spectacular postcard sunsets which the Pinellas County Gulf beaches are famous worldwide for. Access the balcony from the master bedroom or the living area and the 2nd and 3rd bedrooms have views of the Intracoastal. The master has a king bed. Guest room 1 has two full beds and Guest room 2 has a queen bed. Many updates have been made to the condo, including newer granite, master shower, 2nd bathtub/shower, tiled flooring throughout, and new deluxe chic furniture. The granite kitchen compliments the beautiful newer cabinetry. The living area includes an inside stackable washer/dryer closet with a small bar cabinet. One pet is allowed for owners with no pet weight restrictions. Enjoy prime waterfront, prime location, and prime views of the Gulf of Mexico from the large glass sliders. Newer windows and newer patio sliders have been installed. This condo comes with an under-the-building prime parking spot (which is rare and not available for all owners). The complex offers parking for guests. The building has two elevators for quick and easy access to your condominium. The a/c condensing unit is in a separate vented closet off the balcony outside for easy access for maintenance. This condo can be an excellent investment to maximize weekly rentals or consider it as your main/second residence. The property has lush landscaping, heated pool/spa, grills and a dedicated staff person. Miles of white sandy beaches may be accessed from this property. The association provides reliable Wi-Fi and cable package. The location of the community allows you to walk or ride the Trolly to many well-known restaurants such as Salt Rock Grill, Caddy’s, Guppy’s, or boat/bike rentals. Publix, Walgreens, Banks, Medical and many other retailers are minutes away. Two major airports are approx. 30-40 minutes away, as well as the Bucs, Tampa Bay Lightning. Disney World/Adventure Island, to name a few, are just an easy drive.
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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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $959,910 | $959,910 | $959,910 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.538% | 6.874% | 7.430% |
Monthly Tax Payment | $1,187 | $1,187 | $1,187 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,386 | $6,226 | $8,494 |
Total Monthly Payment | $7,698 | $7,538 | $9,806 |
* 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.