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Presented by
Liz McCarron Team |
One or more photo(s) has been virtually staged. MAJOR PRICE REDUCTION! Welcome to 1320 Moreland Drive Unit 12, a spacious and light-filled first-floor condo in the heart of Clearwater. This one-bedroom, one-bathroom residence offers nearly 720 square feet of living space and an excellent layout, ideal for those looking to create their own personal haven or seeking a solid investment opportunity. The generously sized living room flows seamlessly into the dining area and kitchen, creating an open feel perfect for entertaining or relaxing at home. The galley-style kitchen is equipped with updated stainless steel appliances, a double sink, and bright cabinetry, providing a solid foundation for future updates. The bedroom offers ample room and closet storage, and the bathroom includes a shower-tub combo and vanity with additional storage. Multiple utility closets throughout the unit add convenience. This condo is in need of flooring and cosmetic updates, presenting the perfect blank slate for customization. The community is well-maintained, with assigned parking, guest spaces, and easy access to nearby shopping, dining, major roadways, and Clearwater’s world-renowned beaches. The monthly condo fee includes water, sewer, trash, exterior maintenance, reserves, and building insurance. The roof was replaced in 2020, the HVAC is estimated to be from 2009, and the electrical panel is original to the unit. The condo is being sold as-is and does not permit short-term rentals; annual leasing is allowed, and one pet up to 25 pounds. Whether you’re a first-time buyer, seasonal resident, or investor, this is a rare opportunity to own in a central Clearwater location with strong long-term potential. Don’t miss your chance to transform this space into something truly special.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$99,000
Sales Vice President
William Raveis Real Estate
Phone: 617.347.4140
LizMcCarronTeam@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 508.335.8179
Michael.Cartier@raveis.com
NMLS Mortgage Loan Originator ID 1017266
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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 | $79,200 | $79,200 | $79,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.360% | 6.304% | 5.648% |
| Monthly Tax Payment | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $450 | $481 | $642 |
| Total Monthly Payment | $525 | $556 | $717 |
* 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.