Looking for a stunning Gulf-front condo with unmatched sunset views?! Welcome to unit 212-N, the closest suite to the Gulf available and a true gem on the shores of the Gulf of Mexico. This beautifully updated condo is priced to sell and perfectly positioned to enjoy spectacular sunsets every evening. Designed to accommodate the steady flow of vacationers, this turnkey investment opportunity consistently produces an impressive $65, 000 to $75, 000 annually in rental income. Inside, you’ll find a tastefully appointed, fully furnished interior featuring a full kitchen equipped with top-grade graphite finish appliances and the convenience of an in-unit washer and dryer. Upgrades include a newer A/C system (2021), durable 25-mil waterproof vinyl cork-backed flooring, and modern finishes that enhance its luxurious coastal appeal. An interior owners’ closet provides additional space to store personal items, and the unit includes assigned parking conveniently located just steps away. Built in 2006, this Gulf-front complex offers incredible amenities, including two sparkling pools, two spas, a beachfront Tiki bar, a fitness center, an executive center, and a full-service café on the second floor. Conveniently located minutes from the World Famous John's Pass Village & Boardwalk, and just a short drive to Clearwater Beach and Tampa International Airport. The lush landscaping, plentiful guest parking, and unbeatable beachside location make this the perfect getaway or investment property. Ideal for a 1031 exchange. Whether you’re looking to “stay and play” or create a lucrative cash flow, this luxury condo offers the perfect blend of relaxation, convenience, and income potential. Don’t miss this rare opportunity to own a slice of paradise on the Gulf! Be sure to view the virtual tour and make your appointment today!
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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 | $559,920 | $559,920 | $559,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $714 | $714 | $714 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,632 | $3,585 | $4,650 |
Total Monthly Payment | $4,438 | $4,391 | $5,456 |
* 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.