|
One or more photo(s) has been virtually staged. The Premier Penthouse at Shipwatch -- Just Over the Bridge from Indian Rocks Beach. This building has passed all Milestone Inspections and has Fully-Funded Reserves, positioning this residence as one of the safest, smartest coastal condo investments on the market today. Unit 841 is a rare top-floor, corner penthouse offering year-round, panoramic Gulf and sunset views—arguably the best vantage point this side of the bridge.
Enjoy the beauty and lifestyle of beachfront living without the congestion of Gulf Blvd or the maintenance demands of direct beachfront ownership. This two-bedroom, two-bath home features an expansive wraparound balcony—your front-row seat to glowing sunsets, pelicans in flight, and boats drifting along the Intracoastal. Inside, the primary suite impresses with a beautifully renovated bath, dual vanity, walk-in shower, and a generously sized walk-in closet (see floor plan). The kitchen offers granite countertops, a breakfast bar, and seamless flow into the dining area, all with water views—plus the opportunity to create an open-concept layout for immediate value-add.
Shipwatch is a resort-style community with enduring appeal, offering a social clubhouse, two pools, fitness center, tennis and pickleball courts, walking paths, car wash station, and a first-come marina. Occasionally, private boat slips become available for separate purchase, exclusively for Shipwatch owners. The monthly condo fee covers water, sewer, trash, insurance, and fully funded reserves, delivering peace of mind and long-term stability rarely found at this price point.
Top-floor corner penthouses with inspections complete, reserves funded, and upside potential do not come around often. Unit 841 at Shipwatch Tower II represents a compelling opportunity for the buyer who recognizes value, views, and timing—all wrapped into one exceptional Florida lifestyle.
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:
$519,000
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
|
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $415,200 | $415,200 | $415,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.375% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.161% | 6.292% | 5.609% |
| Monthly Tax Payment | $279 | $279 | $279 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,325 | $2,523 | $3,365 |
| Total Monthly Payment | $2,696 | $2,894 | $3,736 |
* 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.