Presented byAleks Roessiger |
NEW LOWER PRICE! Top Floor Condo with Direct Gulf Views up & down the coast for miles, Fully Furnished, Turnkey, 2 bedroom, 2 bathroom 5th floor condo in Sandy Shores (1 of only 5 two bedroom units facing the Gulf). Open floor plan with living area views over the pool & large pool deck, tiki hut, Madeira Beach, and the Gulf of Mexico. This condo is steps to being on one of Florida’s most beautiful beaches, Madeira Beach, while also located just across Gulf Blvd from the world famous Johns Pass Village & Boardwalk featuring many shops, restaurants, water activities, & dolphin watching. A perfect location! This is a very popular vacation rental building allowing short term rentals while still allowing you to use it personally at your convenience or you can make this your full-time home. $66, 699 gross rental income in 2022. Fully furnished, turn key rental including pots/pans, linens, etc. with future bookings included and many past clients. Many of the interior upgrades include impact resistant hurricane sliding doors & windows, kitchen cabinets, granite counter tops, stainless steel appliances, upgraded bathroom, newer lighting fixtures, newer furniture including, all TVs, artwork, & updated patio furniture. The Sandy Shores building completed major renovations in 2019/2020 allowing for many future years of trouble free ownership. Renovations include new roof, building & balcony concrete repair, fresh exterior paint & balcony floor coatings, repaved parking lots, pool recently resurfaced, pool bathroom upgrade, fencing around pool & bike storage, new emergency building generator, & much more. Don’t hesitate to inquire, view & offer! This one will not last long!
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Our Executive Mortgage Banker:
Our Insurance Division:
$949,000
Sales Associate
William Raveis Real Estate
Phone: 603.455.1128
Aleks.Roessiger@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 617.281.4872
Kate.Rockett@raveis.com
NMLS Mortgage Loan Originator ID 1500191
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $759,200 | $759,200 | $759,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.799% | 6.989% | 7.102% |
Monthly Tax Payment | $678 | $678 | $678 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,051 | $4,987 | $6,771 |
Total Monthly Payment | $5,821 | $5,757 | $7,541 |
* 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.