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Exceptional Waterfront Investment Opportunity at Five Palms Mini Resort — Including Deeded Boat Slip & Lift (Slip #13)!
Own your slice of paradise on Clearwater Beach with this beautifully furnished 2nd-floor pool-view suite, deeded with its own private boat slip and lift, a rare and highly valuable feature. Ideally positioned just steps from the Intracoastal Waterway, Suite 204 offers relaxing water views from the front porch and a warm, inviting interior designed for comfort and repeat guest appeal. This condo features a fully equipped kitchen with full-size appliances, tropical furnishings, and a king-size bed, creating a true “home away from home” experience for both owners and guests. An on-site rental management office, open seven days a week, professionally handles short-term rentals, guest services, and bookings, with many repeat visitors returning year after year. Resort-style amenities include a heated pool surrounded by lush tropical landscaping, a newly completed community dock ideal for dolphin and manatee watching, BBQ grilling areas, mini-golf, shuffleboard, and an impressive selection of complimentary amenities including bikes, kayaks, beach chairs, and fishing gear. Five Palms has completed numerous capital improvements in recent years, including the roof, windows, sliders, siding, exterior painting, and blacktop, with additional updates planned. Each unit includes one assigned parking space, with limited street parking available for additional vehicles. Located on the desirable north end of Clearwater Beach, Five Palms is just a short walk to the beach, Pier 60, restaurants, shopping, and daily activities—yet remains tucked away as a true hidden gem. The property is also conveniently located approximately 30 minutes from Tampa International Airport (TPA) and 20 minutes from St. Pete–Clearwater International Airport (PIE), making travel easy for owners and guests alike. Out of respect for current rental guests and to maintain privacy, showings require a minimum of 48 hours’ notice when the unit is occupied.
Schedule your private showing today and experience the exceptional lifestyle and investment potential Five Palms has to offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$335,000
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 | $268,000 | $268,000 | $268,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 6.000% | 5.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.178% | 5.541% |
| Monthly Tax Payment | $376 | $376 | $376 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,480 | $1,607 | $2,154 |
| Total Monthly Payment | $1,931 | $2,058 | $2,605 |
* 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.