Seller Eager to Sell!
Discover unparalleled coastal living with stunning water vistas in this elegant Horizon House residence on Island Estates. This generous 1-bedroom, 1-bathroom co-op spans 1, 005 sq ft, furniture is negotiable, and is ready for immediate occupancy, seamlessly combining luxury with practicality.
Horizon House has recently enhanced its infrastructure with a comprehensive building generator and an advanced security FOB system, providing residents with increased safety and assurance. The building's by-laws mandate all-cash transactions for co-op shares, positioning Horizon House as a hidden gem and exceptional value in the 33767 area.
Enjoy expansive eastward views overlooking Island Estates and downtown Clearwater through large windows that bathe the unit in natural light. The community offers comprehensive services, with monthly fees covering electricity, water, basic cable, high-speed internet, sewer, trash removal, pest control, building upkeep, lobby attendant services, property management, HVAC maintenance, water heater servicing, and access to the full-building generator.
Residents can take advantage of amenities such as a spacious heated pool, an impressive lobby, a communal meeting room, and a newly established gym (2023). This move-in-ready unit is perfect for seasonal residents or snowbirds seeking a stress-free living experience. Each unit includes a private, ample storage closet, and laundry facilities are conveniently available on every floor.
Horizon House is distinguished by its diligent maintenance, limited rental policies, and pet regulations that permit only service or therapy animals. Situated at 31 Island Way, the first building on the island, it offers proximity to local conveniences such as Island Way Grill, Publix, an Urgent Care Center, UPS Store, sushi restaurants, convenience stores, Windward Bar Grill, and the renowned Clearwater Marine Aquarium.
Managed by a dedicated full-time, on-site property manager and staff, Horizon House collaborates with select contractors to maintain superior standards. Recent board-led enhancements include energy-efficient boilers, updated A/C systems, elevators, a new fitness center, improved entry security, and Miami Dade-spec windows in the lobby area. Originally built to function as a hurricane shelter, Horizon House offers exceptional security and resilience, making it one of the most well-maintained buildings on Island Estates. All these conveniences are within a short five-minute stroll.
For more details, visit the listing at 31 Island Way #505, Clearwater, FL 33767.
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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 | $220,000 | $220,000 | $220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 7.133% | 6.256% |
Monthly Tax Payment | $158 | $158 | $158 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,482 | $1,462 | $1,855 |
Total Monthly Payment | $1,715 | $1,695 | $2,088 |
* 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.