Upscale beachfront residence is as spacious as it is comfortable. Welcome to the Fairwinds of Indian Shores. Small private exclusive boutique complex with low density eight units running from beach to street. Four bedrooms plus 3. 5 baths with over 3, 355 square feet of living space fronted by a 28-by-15-foot gulf-front terrace that is just over 400 square feet that serves as your private outdoor paradise. Here you can relax, enjoy beautiful sea breezes and witness awe-inspiring sunsets over the horizon. Residence # 202 conveys with a two-car tandem garage, 11 by 40 feet. Accessed from both sides and no more jockeying cars in and out. Secured keyless lobby. Elevator stops at your private second-floor entry. Your family will love the large great room measuring 41 by 27 feet allowing intimate niches as a dining area, lounging and sitting area, wet bar/entertaining area and all fronted by beautiful beaches, heated pool, spa, lounging area and grilling station. A large 17-by-12-foot kitchen overlooks the great room offering abundant amounts of cabinet space, two wall ovens, one convection, and for the culinary chef of the family, a gas stove top. Kitchen enjoys two walk-in pantries. Refer to floor plans in photos. The four bedrooms include a gorgeous primary retreat with a 20. 6-by-16. 5-foot primary bedroom complete with a 3-by-20-foot wraparound balcony, en suite with a large main bath with a relaxing spa soaking tub, a 4-by-8-foot walk-in shower, privacy room and a large 9-by-11-foot walk-in closet. Primary bath suite is approximately 36 by 10. 6 feet. Two of the three guest bedrooms come en suite with their own full baths. Half bath in hallway. Flex room/bedroom #2 is being utilized as a bedroom but can easily switch to a home office. Two guest bedrooms also have private access to their own 3-by-8-foot Romeo and Juliet balconies. Fairwinds was built in 2006 with all the latest building codes, and held up fine during the last two storms, according to the owner. Newer complexes the same size as Fairwinds built from 2018 onward are selling from $3. 5 to $4. 5 million. That's over $1, 100 a square foot. Residence #202 is a fantastic buy at a great price. Give us 3-4 years and value could increase a good 50%. Indian Shores Florida is a small town of about 2, 000 known for its semiprivate beaches due to the topography of the land, no crowded beaches here. Go to restaurants and convenience store. Go one mile in either direction and you will pass a good 25 eateries, shopping and nightlife. Fairwinds allows two pets for owners only and has a 30-day minimum rental period. Complex is being painted as we speak. Hot water heater also being changed out . . Immediate showings available. Enjoy the two tours and photos. Call with questions. . . . OPEN HOUSE SUNDAY 11 AM TO 1 PM. .
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,599,920 | $1,599,920 | $1,599,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.148% | 6.760% | 6.806% |
Monthly Tax Payment | $2,118 | $2,118 | $2,118 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $10,510 | $10,244 | $14,047 |
Total Monthly Payment | $12,753 | $12,487 | $16,290 |
* 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.