Edgewater is in the heart of the quaint beachfront community of Indian Shores with its white sandy beaches and emerald green waters of the Gulf of Mexico. This small town stretches along its two-lane road for approximately 2. 5 miles and is one of the few beachfront communities in the area that has underground utilities, great for aesthetics and safety, its own police department, tennis courts and a beautiful town hall. Trip Advisor says, “Indian Shores is a quieter, less crowded alternative to its larger and better-known neighbors. ” This is an ideal beachfront location for a special 10-unit luxury condominium. With a contemporary architectural flair, only two units per floor, individual private garages, resort- style heated pool and spa, Edgewater delivers a concept that accommodates this special home, Unit 401, with its premium southwest corner location, 2700 square feet, three bedrooms, two full baths, a powder bath, a flex room and most importantly, its floor to ceiling gulf-front curtain wall of glass which traces the outline of the wrap-around balcony and provides the viewer with absolutely stunning panoramic gulf views. The beautiful kitchen is contemporary in design with natural wood cabinets, a black granite countertop which flairs to accommodate comfortable seating for eight and highline appliances with names such as Bosch, Miele and GE Monogram. The built-in expresso bar, wine chiller and a social island create the ideal environment for casual dining and entertaining. The flex room’s use is only limited to one’s needs and imagination but in 401 it is used as a media room enhanced with beautiful built-in cabinetry. The elegant powder bath is conveniently located to accommodate guests and family. The adjoining, spacious gulf-front primary suite with two large walk-in closets leads to the en-suite primary bath. Its whirlpool tub with separate shower, double vanity custom-crafted glass sinks, and beautiful window views offer up a peaceful and relaxing atmosphere. The two guest bedrooms, one of which has a private balcony with an Intercoastal Waterway view, and the additional full bath offer conveniences and comfort to guests who may not want to leave. This residence has its own private garage and an additional assigned exterior parking space. The complex also has five guest parking spaces, pool-side restrooms and additional storage. Indian Shores is bikeable and has some of the most renown food and beverage establishments in the area. Tampa International Airport is a 45-minute commute and the Pinellas Clearwater Airport is less than 30 minutes away. I hope you enjoy this video of Edgewater Condominium Unit 401 and its gulf-front location along Indian Shores beach. https: //vimeo. com/987386919
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,800,000 | $1,800,000 | $1,800,000 |
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 | $945 | $945 | $945 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $11,675 | $11,526 | $15,928 |
Total Monthly Payment | $12,745 | $12,596 | $16,998 |
* 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.