PARADISE FOUND!!! Welcome to the Stunning Starfish Studio! These Views! This is the only studio of it's kind, larger than a one bedroom and almost as large as a 2 bedroom! It beholds the most expansive, gorgeous gourmet kitchen in the complex! Imagine waking up to unparalleled floor-to-ceiling views of the Majestic Gulf of Mexico. This is not just a property; it's a rare investment opportunity! This Commercial studio unit can be rented per city codes monthly, setting it apart from all other residential units within the complex with more extended minimum rental requirements. Location, Location, Location, Direct Beachfront … right on the White Sugar Sands of Clearwater Beach in a Complex with Resort Style Amenities, nestled directly within the tranquil residential streets of North Clearwater Beach. Why is the location perfect? A short stroll south takes you to iconic establishments such as Palm Pavilion, Frenchy’s, Bob Heilman’s Beachcomber, Forlini’s, and the Luxurious Sand Pearl Resort's Caretta on the Gulf and more. A beach walk northward could lead you to the serene Caladesi Island, just 1. 5 miles away, where nature meets tranquility at the Caladesi Island State Park. The Starfish Studio has been thoughtfully and exquisitely updated, featuring a stunning gray and white 5 x 8 stone sit-up island, custom cabinetry with crown molding, and glass-front upper display cabinets. These elements make the kitchen a centerpiece, ideal for entertaining guests while watching the spectacular sunsets over the Gulf of Mexico. With elegant marble flooring throughout and 10. 5 ft ceilings, the Starfish Studio comes fully furnished, except for a few staging items. The living area is designed for relaxation, whether you're enjoying the wall-mounted flat-screen TV or catching up on work at the day desk. After a peaceful evening beach walk, retreat to your queen-sized bed, equipped with remote-controlled blackout blinds, a newer Carrier Ac unit installed in 2022, ensuring a restful night's sleep. A day bed is included for additional convenience, making this space as versatile as it is luxurious. The full bath features a tub shower and built-in shelving, perfect for organizing your beach essentials. The amenities in this complex are extensive and include a fitness center, game and recreation room, media room, sunset/library room with Wi-Fi, two BBQ grills, shuffleboard court, bike storage, several outdoor dining areas, a beachfront heated pool, and a new private pier. Convenience is paramount, with two laundry rooms per floor, trash chutes on each floor, and six elevators. This is a small pet friendly complex. The Starfish Studio is an excellent Vacation Getaway, 1031 Exchange property, short- or long-term rental, or if you are a minimalist, this may be a full-time home for you! Come Live the Lifestyle, Come Live on the Beach!
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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 | $459,200 | $459,200 | $459,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.386% | 6.623% |
Monthly Tax Payment | $442 | $442 | $442 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,055 | $3,133 | $3,969 |
Total Monthly Payment | $3,589 | $3,667 | $4,503 |
* 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.