A truly unique, one-of-a-kind, beachfront opportunity, one of only 4-units. This is a must-see 2 bedroom, 2 full bath inside plus a full bath to be used anexed to the garage for showers after a beach day, 1 car garage townhome with breathtaking views, modern updates, a prime location, and an affordable HOA that you can customize and truly make your own. This property was damaged in the past storms but has been mitigated and is just waiting for you to put your personal touches on it to make it your own! This property will meet all of your beach-going wants and needs. Upon arrival, at the front of the property, the property for sale is located to the right with the front-facing arched balcony. Walking down the pathway you’ll enter the property from the two double doors. The main floor is light and bright with an open concept kitchen, dining room, and living room combination. There is an oversized wood-burning fireplace in the living room that also extends to the primary bedroom upstairs. Off the dining room is a set of sliders leading to your own gated private multi-use space along the side of the property which allows for outdoor grilling, gardening and/or storage of your favorite beach toys, your choice! Heading upstairs you will find the primary bedroom facing west with a stunning open ocean view. Walking through the sliders to an open-air covered balcony, with seating and additional stairs leading up to a bonus third-story observation and sunning deck. You have a view like no other! Heading back inside to the primary bedroom which boasts a wood-burning fireplace, updated flooring, and a walk-in closet, this spacious bedroom will meet all of your beachfront living dreams. The primary ensuite with updated oversized vanity, quartz countertops, standup shower, and separate water closet provides all the privacy you will ever need. Across the hall is the second bedroom with an oversized space and plenty of storage including two separate closets. The guest bathroom is neighboring with a updated vanity and a bathtub. Off the garage is an additional bathroom - great for those beach days when you want to rinse off before you head inside. Tons of parking! Leaving the property to head out to the beach you walk down the hallway passing the laundry room. The 4-units share this laundry room, although if a private laundry room is desired, there is plenty of storage space in the garage to put in your own unit. Just steps from the sandy beach of Indian Shores there is also a communal picnic table and a small pathway to open water. With the added bonus - there are NO rental restrictions on this property! You may enjoy it as you please. Welcome to the beachfront Florida lifestyle of your dreams!
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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 | $799,200 | $799,200 | $799,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.200% | 6.748% | 6.786% |
Monthly Tax Payment | $830 | $830 | $830 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,317 | $5,117 | $7,017 |
Total Monthly Payment | $6,239 | $6,039 | $7,939 |
* 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.