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Waterfront gated community, go to the beach. Corner unit with relaxing water views, rare three-bedroom, two-bath, heated 1, 445-square-foot, second-floor villa conveys with an 11. 4-by-20-foot private garage plus a two-car tandem parking pad. Glass-enclosed 16-by-8-foot finished lanai with direct water views enjoys sunrises and sunshine. Main bedroom and all living areas overlook these direct water views. Welcome to the gated 56-acre Shipwatch Yacht & Tennis Club just off Indian Rocks Beach. Well laid out corner executive floor plan with 10-foot cathedral ceilings, optimizing space, incoming natural light, water views and functionality. The entrance door is fronted by a 6-by-8-foot private porch area. Go inside to the large 9-by-13. 8-foot kitchen with white coastal cabinetry, an eating area, loads of cabinet and knick-knack space, and a breakfast bar which opens to the dining room. Extra windows throughout this home allow natural light to permeate the condominium. The units top-floor location affords the 10-foot vaulted ceilings and privacy. An open floor plan and a large glass-enclosed finished lanai draw your attention to the water views. The main bedroom is en suite and has its private access to the glass-enclosed lanai. Large primary bath with white coastal cabinets, dual vanities, privacy room, separate shower and 8-by-6-foot walk-in closet. Residence 1841 enjoys a split bedroom floor plan for privacy. Both the second bedroom and third bedroom/flex room are serviced by a full bath (tub with shower) off the hallway. The mechanical closet with the air conditioner and water heater as well as the 6-by-3-foot laundry closet can also be found there. Every room has ample window space, including the kitchen and dining area showcasing the surrounding trees, water views, foliage and mature natural landscaping. Shipwatch is blessed with fresh water artesian springs naturally meandering through the 56 acres and emptying into the Intracoastal Waterway. Residence #1841 overlooks a beautiful extra-large spring fed pond right off the lanai where you can relax and watch migrating birds, local turtles, otters and an abundance of wildlife. Shipwatch Yacht & Tennis Club is a lush, 56-acre, gated, pet-friendly community on the Intracoastal Waterway with freshwater artesian springs, ponds, walking trails, two clubhouses with pools (one Olympic-size and one large heated lap pool with a spa), private 32-slip marina, workout facilities, barbecue grills, carwash and recycling area. Eleven Har-Tru tennis courts and pro shop with tennis lessons available, plus two hard courts for pickleball. Only a short distance to the sugar sands of Indian Rocks Beach and a good 25 beach restaurants and shops. Furnishings and contents are available as well. There is even a restaurant with a full bar and a billiards area being used as part of the clubhouse amenities. Boaters, bicyclists, tennis and pickleball players and beach folks are welcomed and encouraged. Great for a full- or part-time Florida home or an easily rentable portfolio asset. Just a wonderful private resort-like atmosphere. There is just no more land left to build places like this anymore, great property at a fantastic price. Shipwatch was high and dry during the 2024 storm season, according to the owner, and no water damage whatsoever in the entire 54-acre development. The condominium is in a non-flood zone area. No flood insurance required.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $319,200 | $319,200 | $319,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.474% | 6.640% | 5.972% |
| Monthly Tax Payment | $425 | $425 | $425 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,965 | $2,015 | $2,651 |
| Total Monthly Payment | $2,464 | $2,514 | $3,150 |
* 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.