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HIGH OCCUPANCY 94% in 2025 & INCOME GENERATING NIGHTLY RENTAL- This is your chance to own a LUXURY HOTEL SUITE at Ocean Club on Treasure Island. This 2-bedroom, 2-bathroom residence with just over 1000 heated square feet is your chance to own a prime piece of paradise with superior views, privacy, and value. Positioned on the 3rd Floor, this CORNER UNIT delivers unobstructed GULF AND BEACH VIEWS. Awesome direct sightlines to Treasure Island’s expansive beach. This is a rare opportunity to own one of the CORNER UNITS with extra windows and more natural light. This is also the only unit in the entire building with shutters installed in the living room area for added privacy. Located in the heart of Treasure Island Beach Trail, Ocean Club provides direct access to biking, walking, and beach activities, all without crossing a single street. The amenities are second to none, featuring an expansive resort pool and oversized hot tub, a state-of-the-art fitness center, a private sandy beach area and volleyball court, a rooftop terrace and bar area that functions as a beachfront casual food and sports bar, ample covered and open parking with a garage spot included with purchase, a 24-hour concierge, and an onsite proven rental and housekeeping management team. This turnkey unit comes FULLY FURNISHED, including impact glass windows, a deep private terrace, premium appliances, full-size washer & dryer, kitchenware, and stylish decor- everything you need for a seamless transition into beachfront ownership. Enjoy up to 30 consecutive days of personal use as a unit owner! Unlike many beachfront rental properties, Ocean Club’s onsite rental program offers industry-leading flexibility, giving owners the best of both worlds. Lucrative rental income potential and generous personal-use allowances. Pet-friendly and rental-friendly, you can choose any rental management company, but we highly recommend the onsite team, boasting one of the lowest on-site management fees in the area at just 20%
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:
$998,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $798,400 | $798,400 | $798,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.125% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.312% | 6.235% | 6.183% |
| Monthly Tax Payment | $953 | $953 | $953 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $4,723 | $4,851 | $6,737 |
| Total Monthly Payment | $5,768 | $5,896 | $7,782 |
* 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.