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***FULLY FURNISHED/TURNKEY CONDO WITH SHORT TERM RENTAL CAPABILITY AND UNOBSTRUCTED WATER VIEWS JUST 2 BLOCKS FROM THE BEACH!***UNIT DID NOT EXPERIENCE DAMAGE FROM THE MOST RECENT STORMS***This 5th floor condo’s updated coastal decor and amazing on-site amenities make it a gold mine as a short term income-producing investment or your own personal retreat! (Pre-booked future rentals can tranfser to the next lucky buyer or can be canceled. ) PROJECTED ANNUAL INCOME IS $68k - $75k! (see attached flyer) This building is only one a few in the Clearwater Beach area that allow unlimited 7 night rentals. The condo interior spans from the front to the back of building making it light and bright. Experience unobstructed East-facing intra-coastal views with sunrises from kitchen, dining and living areas through the condo's large wall of windows. West sunset views can also be seen from both the master and guest bedroom windows. The living room has a pull-out couch making this home comfy enough to sleep 6 people. Modern color pallet throughout with ceramic tile flooring in the kitchen, baths and common areas and laminate flooring both bedrooms (no carpet!). Kitchen has newer stainless steel appliances, wood cabinets, granite counters and breakfast bar. Dining area opens up to kitchen and living area making entertaining a breeze. Both primary and guest bedrooms have a king bed, private closet and full bathroom just outside the bedroom door (one bathroom with a with walk-in shower and one with a tub/shower). Just off the kitchen, in laundry closet you’ll find a full sized washer and dryer. Covered/shared balcony area on the intra-coastal side provides access from elevator to all units and lots of space for lounging. Love the furnishings? They are included! The entire building was remodeled in 2007 but the seller has taken great care in maintaining its integrity and adding upgrades through years of ownership. Find peace of mind with the most recent building upgrades of a newer roof (2024) and brand new elevators (2025-2026)! Most recent unit updates include some newer furnishings and decor, newer A/C (both units 2019), newer front door with keyless entry and newer microwave (2023), cooktop stove with oven (2023) and refrigerator (2023). Amazing amenities include use of a waterfront pool, sun deck, fishing dock, lounging bogota, grill area, paddle board/ kyack storage, bike racks, plenty of under building parking and uncovered parking spots available for resident and guest parking (1st come, 1st served). Boat slips can be rented or purchased from other owners when available. This property is located 2 blocks from one of Florida’s most pristine gulf front beaches! Fine dining, beach bars, lounges, boutiques, playgrounds and waterslides all within a few blocks from your front door. Monthly fee includes flood insurance, internet, cable tv, water, sewer, trash, external pest control and maintenance on the exterior / common areas. Make your appointment today!
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Our Executive Mortgage Banker:
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$680,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $544,000 | $544,000 | $544,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.209% | 6.178% | 5.541% |
| Monthly Tax Payment | $961 | $961 | $961 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $3,089 | $3,262 | $4,373 |
| Total Monthly Payment | $4,142 | $4,315 | $5,426 |
* 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.