11531 SHIPWATCH DRIVE, #1037, Largo, FL, 33774 | $393,900

One or more photo(s) has been virtually staged. PRICE REDUCTION - MUST SEE - Coastal Comfort Meets Turnkey Living - Welcome to effortless Florida living in the sought-after waterfront community of Shipwatch Yacht & Tennis Club, where lush landscaping, peaceful lagoons, and coastal breezes create a true resort-style retreat. This immaculate second-floor, 3-bedroom, 2-bath residence offers the perfect blend of comfort, convenience, and relaxed elegance. From the moment you enter, you’ll feel at home. Inside, an open and airy floor plan is filled with natural light and enhanced by new flooring throughout. The spacious living area flows seamlessly to a private screened porch overlooking a tranquil lagoon and waterfall, an ideal setting for morning coffee or unwinding at the end of the day. The light and bright kitchen features a cozy eating area with views of Florida’s blue skies, plus a large pantry for added storage. Enjoy the convenience of an inside laundry closet and appreciate the added value of a detached one-car garage, offering covered parking and extra storage space. Lovingly maintained, move-in ready, and ideally located, this home is perfect as a full-time residence, seasonal retreat, or smart investment. Residents of Shipwatch Yacht & Tennis Club enjoy extraordinary amenities including multiple pools, tennis and pickleball courts, fitness facilities, clubhouses, walking trails, scenic ponds, and a private marina, all set on beautifully landscaped grounds along the Intracoastal Waterway. Just minutes from Indian Rocks Beach, shopping, dining, and golf—and with easy access to everything the Gulf Coast lifestyle has to offer—this exceptional condo invites you to relax, recharge, and truly enjoy Florida living. Schedule your private showing and discover why Shipwatch is more than a home—it’s a lifestyle.

Features

  • Heating: Heat Pump
  • Cooling: Central Air
  • Levels: 2
  • Amenities: Clubhouse, Fitness Center, Pickleball Court(s), Recreation Facilities, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
  • Rooms: 7
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside
  • Complex: SHIPWATCH
  • Year Built: 1994
  • Approx Sq. Feet: 1,430
  • Est. Taxes: $2,644
  • Condo Fee: $918 Monthly
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: TB8496052
  • Days on Market: 34 days
  • Website: https://www.raveis.com
    /prop/TB8496052/11531shipwatchdrive_largo_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/23/2026 12:34:03 AM)
Listing courtesy of Coldwell Banker Realty   Phone: 727-781-3700

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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11531 SHIPWATCH DRIVE, #1037, Largo, FL, 33774

$393,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $315,120 $315,120 $315,120
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 $220 $220 $220
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,940 $1,990 $2,617
Total Monthly Payment $2,235 $2,285 $2,912

* 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.