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Opportunity meets potential in this top-floor 2-bedroom, 2-bath condominium located in the highly desirable 55+ community of On Top of the World in Clearwater. Tucked away on a quiet cul-de-sac just two blocks from Arbor Lake and positioned at the end of the boulevard, this elevator-access building offers privacy, convenience, and exceptional value for buyers seeking a well-priced condo ready for renovation. With no land lease and true condominium ownership, this property presents an ideal blank canvas for those looking to customize their Florida retirement home or invest in a high-demand active adult community.
Inside, the kitchen has already been updated with a modern layout, recessed lighting, and a water filtration system, while the living room, dining area, and bedrooms are ready for your personal design vision, as carpeting has been removed to allow installation of flooring of your choice. Both bathrooms feature updated vanities and commodes, providing a head start on your renovation plans. The spacious primary suite includes dual closets and a private en-suite bath, and the flexible bonus room offers additional storage while overlooking the rear courtyard. This top-floor residence enjoys the benefit of no upstairs neighbors and is conveniently located just steps from the elevator corridor and mailboxes, making daily living effortless. Assigned parking is included for added convenience.
On Top of the World is home to two golf courses featuring both 9-hole and 18-hole options, along with two heated pools, a state-of-the-art fitness center, tennis and pickleball courts, lawn bowling, hobby studios, billiards, sauna, hot tub, library, a computer room with several desktops for residents use, and the popular on-site Karma Café. The community welcomes pets of any size and offers a full calendar of clubs, classes, and social events. Cable and internet are included in the monthly fee, enhancing the value of this amenity-rich lifestyle.
Ideally located near Clearwater Beach, Honeymoon Island, downtown Dunedin, shopping, dining, medical facilities, and both Tampa International and St. Pete-Clearwater airports, this condo offers unmatched convenience to Gulf Coast attractions. While it does not offer direct golf or water views, its close proximity to Arbor Lake and the golf courses provides easy access to the community’s scenic surroundings. Priced to sell and ready for updates, this is a rare chance to create a customized retirement retreat in one of Clearwater’s most established and amenity-rich 55+ communities.
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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 | $112,000 | $112,000 | $112,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.324% | 6.398% | 5.614% |
| Monthly Tax Payment | $197 | $197 | $197 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $663 | $690 | $908 |
| Total Monthly Payment | $935 | $962 | $1,180 |
* 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.