Under contract-accepting backup offers. JUST REDUCED! Beautiful DIRECT GULF FRONT Three bedroom, Two bath, 1275 SF Condo in DESIRABLE INDIAN ROCKS BEACH! This outstanding CORNER UNIT has FABULOUS VIEWS from your large balcony and offers the perfect setting for relaxation and entertainment. Enjoy the sights and sounds of CRASHING WAVES and see STUNNING SUNSETS every day. The condo has an OPEN FLOOR PLAN including a large combination Living Room/Dining Area, GRANITE BREAKFAST BAR, along with the three spacious bedrooms and two updated bathrooms, great for FAMILY GATHERINGS! The unit includes TWO COVERED PARKING spaces. Owners and guests can take advantage of the HEATED POOL and SPA providing enjoyment year round. The condo comes FULLY FURNISHED including a laundry room with full size washer and dryer. Building allows SHORT TERM VACATION RENTALS and this unit has a lucrative RENTAL INCOME history with future bookings for immediate income. Sunset Paradise is an intimate 17 unit building with repeat visitors each year. Indian Rocks Beach is known for its SANDY WHITE BEACHES, EXCELLENT DINING AND CHARMING SHOPS within walking distance or a few minutes by car. Don’t miss out on this incredible opportunity to own a slice of BEACHFRONT PARADISE!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,100,000
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 | $880,000 | $880,000 | $880,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.875% | 6.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.877% | 7.014% | 7.041% |
Monthly Tax Payment | $991 | $991 | $991 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,003 | $5,781 | $7,848 |
Total Monthly Payment | $7,119 | $6,897 | $8,964 |
* 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.