On the Gulf!!! Full Northwest view. . . great short-term rental history. This is the best of beach living.
Sand Castle III, 7-day short term rental building - Very special, updated penthouse condominium on the northwest corner of the boutique building. Hurry to make your appointment to see the stunning top floor, direct Gulf Front and Intracoastal Waterway setting in The Narrows. This is an incredible corner location, in this rarely available building, to own your piece of beach paradise. Here, you and your guests will enjoy the spellbinding water panorama and stunning Gulf sunsets and Intracoastal sunrises right from your balconies anytime. The furnished updated three-bedroom, two-bathroom condo offers proven income potential in this short-term rental friendly complex directly on the soft white sandy beaches of Indian Shores. There's also a wonderful open-floor plan with a living room, dining room and kitchen combo making for entertaining guests and family gatherings. This Gulf front beauty has ceramic flooring in the main traffic areas, full-sized washer, dryer in the condo, and an updated kitchen with beautiful granite counters. The primary bedroom has an ensuite bathroom and a sliding glass door that opens to the spacious Gulf side, corner balcony. It's easy to enjoy a nighttime sea breeze or a morning cup coffee looking over the shimmering Gulf waters. The well-maintained grounds offer assigned parking with a beachside heated pool, hot tub, direct beach access and gas grills. The complex allows seven-day minimum rentals, making it a fantastic income generator and investment. Guests of this community can take advantage of the heated pool and spa year-round enjoyment. Located in a vibrant beach scene area, this condo offers convenient access to nearby amenities such as shops, restaurants, and entertainment. Don't miss out on the chance to make this incredible penthouse condo your own. Sold Furnished and ready for guests. Contact us today to schedule a viewing and experience the best of beachfront ownership.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,500,000
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 | $1,200,000 | $1,200,000 | $1,200,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.235% | 6.723% | 6.826% |
Monthly Tax Payment | $1,202 | $1,202 | $1,202 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,783 | $7,684 | $10,536 |
Total Monthly Payment | $9,110 | $9,011 | $11,863 |
* 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.