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Welcome to your piece of Paradise in Indian Shores with the best location in the complex! This stunning 2BR/1BA condo on the second floor offers one of the most breathtaking Direct Views of the Intracoastal Waterway - high and dry providing both beauty and peace of mind. Imagine sipping your morning coffee in the Florida room while watching playful Dolphins glide by. This perfect retreat is ideal for both relaxation and adventure. The condo features a sparkling pool where you can take refreshing swim or sunbathe on the upper deck. Newer updates include a modern AC system and a refreshed shower stall. Freshly painted interior. The kitchen has white Shaker cabinets, sleek granite counters, and tile flooring throughout the unit. Outside amenities include barbecue grills and tables, and there's a dock for fishing. Boat slips are sometimes available for purchase or rent. This condo truly offers everything you need to unwind and enjoy the beauty of coastal living. This unit is turnkey - fully furnished with some newer pieces. It is a great INVESTMENT OPPORTUNITY - rental ready with flexibility to rent by the night or longer. There's also on-site Property Management available making it easier to handle bookings. Last year the unit brought in approximately $40, 000 in rental income. Beach access directly across the street means you're just steps away from the white sandy beaches of Indian shores. This condo is in one of the most desirable spots in the complex, offering you the opportunity to make money while enjoying your own personal vacations. Whether you're looking for a family getaway or an investment property, this condo is the perfect choice.
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Our Executive Mortgage Banker:
Our Insurance Division:
$489,000
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 |
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|---|---|---|---|
| Loan Amount | $391,200 | $391,200 | $391,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.375% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.533% | 6.533% | 5.668% |
| Monthly Tax Payment | $588 | $588 | $588 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,283 | $2,441 | $3,171 |
| Total Monthly Payment | $2,946 | $3,104 | $3,834 |
* 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.