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Welcome to this beautifully maintained and fully furnished 2-bedroom, 2-bathroom END-UNIT condo located in the highly desirable 55+ community of On Top of the World in Clearwater. This light-filled home offers 1, 100 square feet of comfortable living space with extra windows providing abundant natural light. The interior features updated luxury vinyl plank flooring throughout the main living areas, a spacious living and dining room combination, and a bright Florida room that overlooks a peaceful green space. The kitchen is tucked away for added privacy and offers a practical layout with plenty of cabinet space. The primary bedroom includes an en suite bathroom with a walk-in shower, while the second bedroom is conveniently located near a hallway bath with a tub, ideal for guests. A Trane HVAC system was installed in 2021, and the property is not located in a flood zone, offering peace of mind. Residents of On Top of the World enjoy a wide range of amenities including two private golf courses (9- and 18-hole), two heated swimming pools, tennis and pickleball courts, shuffleboard, a remodeled cardio gym, hobby studios, and a wood shop. The community also offers numerous social clubs, classes, and entertainment options, as well as a dog park and an on-site café. Assigned parking spot (#26) is just steps away. The building offers both elevator and stair access for added convenience. The property is being transferred by a leasehold estate deed and association approval is required. If financing, a 35% down payment is necessary. With its move-in ready condition, prime location, and vibrant community lifestyle, this is a wonderful opportunity to enjoy the best of 55+ living in Clearwater.
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Our Executive Mortgage Banker:
Our Insurance Division:
$199,000
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 | $159,200 | $159,200 | $159,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 5.990% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.322% | 6.168% | 5.628% |
| Monthly Tax Payment | $172 | $172 | $172 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $916 | $953 | $1,290 |
| Total Monthly Payment | $1,163 | $1,200 | $1,537 |
* 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.