Experience unparalleled resort-style living with this stunning two-bedroom, two-bathroom condo at the Sunset Vista Beachfront Resort, a true jewel located directly on the sugar sand beaches of Treasure Island. Revel in breathtaking views of the Gulf of Mexico from the comfort of your third-floor unit, which boasts a phenomenal rental revenue of $78, 681 for 2023. The unit comes fully furnished, offering a seamless transition for the new owner to start renting immediately. Each room is equipped with flat-screen TVs, ensuring comfort and entertainment are never out of reach. The full-size kitchen features granite countertops, a breakfast bar, and a dining area, perfect for entertaining guests or enjoying a quiet meal. A living room with ample seating, modern appliances, including a washer and dryer, complements the thoughtful layout. Outside, indulge in the expansive beachfront pool and spa, designed to provide the ultimate relaxation experience. Children will delight in their own dedicated wading pool with fountains and a spa. Additional amenities include a welcoming tiki bar, a café for casual dining, and a well-equipped fitness center. Located within a half-mile of the world-famous John’s Pass, Sunset Vista offers not only a prime vacation spot but also a consistent rental income stream. An on-site world-class management company ensures everything is handled professionally, making ownership worry-free. You may also use an off-site rental manager or Airbnb the unit yourself. Included with the purchase is an assigned parking spot, adding convenience to this already desirable package. Consult IRS Publication 527 to understand the tax benefits of vacation rental ownership. Do not miss the chance to own this turn-key property in one of Treasure Island’s most sought-after locations. Schedule your viewing today and start enjoying the benefits of owning a piece of paradise at Sunset Vista Beachfront Resort.
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Our Executive Mortgage Banker:
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$725,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.278% | 7.159% | 6.276% |
Monthly Tax Payment | $692 | $692 | $692 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,810 | $3,855 | $4,891 |
Total Monthly Payment | $4,594 | $4,639 | $5,675 |
* 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.