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A Smart Investment wrapped in a Beachfront Dream. Presenting a RARE 3-night minimum Rental Waterfront Luxury grossing 6-digit figures annual income!!! Turn-key, fully furnished with all the essentials. Welcome to 706 Bayway Blvd #301, a stunning, turn-key 3 bed/2 bath waterfront corner unit condo located in the exclusive Sandpiper’s Cove, on the peaceful south end of Clearwater Beach. Built in 2019, this luxury residence is one of the very few properties in the area that allows 3-night minimum rentals, offering unmatched income potential and flexibility. With $160, 000+ in annual gross income, it's an ideal opportunity for investors and second-home seekers alike. Step, lay or swing (because there’s room for it all!) on the expansive balcony, which extends the entire width of the condo, while enjoying panoramic water views of the Intracoastal Waterway. Watch dolphins glide by in the morning or savor golden-hour sunsets from your private perch. Resort-Style Living Includes private heated pool and spa overlooking the water, direct Gulf access via the Clearwater Pass for boating enthusiasts, private boat docks, covered assigned parking, a boutique secure building with elevator with only a handful of units. Just a short stroll from the world-famous Clearwater Beach makes the Clearwater Beach lifestyle of fine dining, local shops, entertainment, and vibrant nightlife just steps away. Charter boats, jet ski rentals, and sunset cruises are all just around the corner! Whether you're searching for a private coastal retreat or a high-performing vacation rental, this rarely available GEM combines luxury, location, and lifestyle. Don’t miss this rare opportunity—schedule your private showing today!
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:
$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.945% | 6.610% | 6.555% |
Monthly Tax Payment | $1,386 | $1,386 | $1,386 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,239 | $6,321 | $8,643 |
Total Monthly Payment | $7,750 | $7,832 | $10,154 |
* 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.