The rarely available and highly desired 03 stack in the San Marco Building of one of the top Gulf Front buildings in the Tampa area provides the very best views of Clearwater Beach. The most desired aspect is southwest views of the Gulf of Mexico, the famous Pier 60 and the East facing intercoastal and Causeway Bridge. These double views east and West continue to provide all day entertainment and beauty so much that you need to remember to leave the unit. The interior is perfectly laid out with with a versatile room that is currently being used as a 3rd bedroom with twin beds for guests, but is classified as a den. The true Master suite has access to the Gulf front balcony and a bathroom with marble flooring, walk in shower, double sinks and soaking tub. The second bedroom is on the opposite of the unit with access to the hall bathroom. Mandalay Beach Club is a beach front/Gulf front community with top of the line amenities and Gulf front pool and is everything you would expect from luxury living. Walkable to all of the best dining and retail Mandalay Avenue has to offer, the location is ideal. The building is a 30 day minimum rental building and can provide excellent returns if used as an investment.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,889,000
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 | $1,511,200 | $1,511,200 | $1,511,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.545% | 6.748% | 6.932% |
Monthly Tax Payment | $1,202 | $1,202 | $1,202 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $9,802 | $9,676 | $13,373 |
Total Monthly Payment | $11,129 | $11,003 | $14,700 |
* 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.