A RARE OPPORTUNITY to own a top floor unit at Sunset Vista Beachfront Resort. This 2 bedroom 2 bath condo is located on the 6th floor, directly on the gorgeous beaches of Treasure Island. Enjoy this resort style property with breathtaking views of the Gulf Of Mexico for your personal vacations and the added benefit of short term rental income. Current owner frequently uses the property for themselves and still showed $54, 000 in rental income even with the storms in 2024. A third party rental income assessment shows potential for much more (see attached) for the owner that is more investment driven. The unit itself features a large kitchen with granite countertops & breakfast bar, large living area with full dining, ensuite primary bedroom, in unit washer/dryer (2023) and personal owner's closet. Seller has made several upgrades: New 15 seer A/C in June 2024 with Ecobee thermostat, light fixtures throughout, Water heater (Oct 2022), fresh paint and many new coastal furniture pieces. Unit will come furnished with the exception of some of seller's personal decor items. Outside, the convenient access to the beach is wonderful plus the onsite amenities include heated pool & spa, children's splash pool, fitness center and onsite cafe and tiki bar. Just a short walk and you are at the John's Pass area featuring restaurants and shopping, combined all that the other nearby attractions offered at Treasure Island & Madeira, make this the ideal vacation spot. For your convenience, there is an on-site rental management company or you can use outside management or even manage yourself. Ownership also comes with the convenience of an assigned parking spot for you or your guest. This is truly a chance to own one the most desired units in one the premiere Treasure Island vacation spots at Sunset Vista Beachfront Resort!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$809,000
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 | $647,200 | $647,200 | $647,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.274% | 6.723% | 6.932% |
Monthly Tax Payment | $714 | $714 | $714 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,306 | $4,144 | $5,727 |
Total Monthly Payment | $5,112 | $4,950 | $6,533 |
* 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.