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One or more photo(s) has been virtually staged. This condo is brand new, never lived in, still a buyers market, it is priced to sell, and has a 50 FOOT DOCK available for purchase if desired! A rare opportunity to buy a new build, built to the highest standards from Sunwest Builders, one of the oldest and best builders in Tampa Bay! Nestled in the vibrant heart of Clearwater Florida by Clearwater Beach, this well-maintained 7 story building offers the best of beautiful Island Estates. Generous living space with beautifully designed rooms, each crafted to enhance your new home experience living on the water! Enter through a welcoming hall, notable for its expansive width and striking views of the intercoastal, this area sets a calming tone as you transition to the various sections of the condo. The kitchen is a highlight, equipped with high-end cabinetry and complemented by top-of-the-line GE Café appliances. It's an ideal setup for those who love to cook and entertain. Adjacent to the kitchen, the living room sprawls out, offering ample space for relaxation and social gatherings. A large 3 pane sliding door captivates the view of the community pool, spa, private docks, and the shimmering water beyond, inviting natural light that accentuates the open feel of the room. The large primary bedroom includes a walk-in closet, and sliding door that has access to the 35-foot balcony (also accessible from the family room), a standout feature of this condo, and outdoor living area with 2 ceiling fan outlets, electricity, TV friendly, and a water spicket, just furnish and enjoy this expansive space, you won't find this anywhere else! The en-suite bathroom introduces a taste of luxury to your daily routine, featuring a large walk-in shower, private water closet, ample space to include a linen closet and double sinks. The layout comfortably accommodates a makeup table, adding a touch of elegance. Storage solutions are thoughtful throughout, large laundry room with additional closet, and storage spaces strategically placed to ensure a clutter-free living environment. Garage parking, you never have to go outside to get in your car, also an additional place is reserved for you on the lot, and guest spots are available. Situated in a friendly community, this address balances tranquility with connectivity. Proximity to local transportation makes commuting a breeze, and the surrounding area brims with recreational activities, from waterside dining to leisure time along the docks, Pier 66, sunning at the beach, and the grocery is right across the street! Moreover, with a very competitive price point, this property represents not only a luxurious dwelling but a wise investment in one of Clearwater's sought-after locales. Embrace a lifestyle of comfort and convenience at 125 Island Way #304, a true gem waiting to be called home!
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $759,920 | $759,920 | $759,920 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 5.750% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.154% | 5.858% | 5.826% |
| Monthly Tax Payment | $1,279 | $1,279 | $1,279 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,315 | $4,435 | $6,260 |
| Total Monthly Payment | $5,686 | $5,806 | $7,631 |
* 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.