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603 MANDALAY AVENUE, #105, Clearwater Beach, FL, 33767 | $349,900
JUST A FEW SHORT FLIP FLOP STEPS from the soft white sand and sparkling Gulf waters of AWARD WINNING CLEARWATER BEACH and all the fun packed activities that it offers, this is an INCOME PRODUCING CONDO-HOTEL INVESTMENT OPPORTUNITY where you get the best of all worlds. Owners can enjoy their very own slice of true paradise (some occupancy limitations apply), and for the rest of the time, sit back, relax and know that your property is being professionally managed…from marketing and bookings, to check in, guest service, cleaning, turnover and light maintenance…and YOU GET THE UPSIDE! This QUIET CORNER UNIT with an OVERSIZED SEPARATE BEDROOM and TWO FULL BATHROOMS is one of the MOST POPULAR and HIGHEST REVENUE PRODUCERS within the complex. OFFERED TURNKEY and decked out in FUN AND BEACHY DECOR you will find everything that you and your guests will need for a comfortable stay. The FULL KITCHEN allows options to eat in, but with all the fabulous restaurants that are close by, chances are you may just use the refrigerator to store your favorite beverages…which…you can enjoy from the rooftop patio while watching the most spectacular sunset skies, or down by the pool (heated for year round enjoyment). AND…you can bring your 4-legged friend too as this is a PET FRIENDLY complex. Monthly fees cover pretty much everything…electricity, sewer, trash, water, cable TV and internet, insurance (walls out), professional onsite manager, pest control, pool, grounds and building maintenance. The unit did sustain flooding in Sept 2024 from Hurricane Helene and has been professionally remediated and renovated with all applicable permits on file. Refer to attachments/disclosures for further detail. Be sure to VIEW THE 3D TOUR link for an immediate and true showing experience, or schedule your in person visit today…and don’t forget your flip flops!
Features
- Heating: Wall Units / Window Unit
- Cooling: Wall/Window Unit(s)
- Levels: 2
- Rooms: 6
- Bedrooms: 1
- Baths: 2 full
- Laundry: None
- Complex: ROYAL CAMELOT RESORT CONDO
- Year Built: 1950
- Common Charge: $1,080 Monthly
- Approx Sq. Feet: 590
- Est. Taxes: $4,019
- Lot Desc: FloodZone, City Lot, In County, Near Public Transit
- Pet Policy: Yes
- Appliances: Microwave, Range, Refrigerator
- MLS#: TB8389657
- Days on Market: 223 days
- Website: https://www.raveis.com
/prop/TB8389657/603mandalayavenue_clearwaterbeach_fl?source=qrflyer
Listing courtesy of COASTAL PROPERTIES GROUP INTERNATIONAL Phone: 727-493-1555
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Pedro DelgadilloInsurance Sales Director, William Raveis Insurance
305.922.5393
Pedro.Delgadillo@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
603 MANDALAY AVENUE, #105, Clearwater Beach, FL, 33767
$349,900
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
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 | $279,920 | $279,920 | $279,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.625% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.133% | 6.739% | 5.952% |
| Monthly Tax Payment | $335 | $335 | $335 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,611 | $1,792 | $2,324 |
| Total Monthly Payment | $2,021 | $2,202 | $2,734 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388