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ACT FAST! CORNER UNIT! DIRECT GULF VIEWS! ONE OF ONLY 25! FULLY FURNISHED! This is the one you've been waiting for and it won't last. A rare corner unit with direct waterfront views in Pelican Cove, one of Indian Rocks Beach's most exclusive communities with just 25 residences sitting directly on the Gulf. With a private pool and a seagrass path leading straight to the beach, beach life at its absolute finest. This property has been fully renovated and opened up in a way that is truly one-of-a-kind within the complex. Granite countertops, wide-format tile flooring, solid wood cabinetry, and crown molding set the stage, while the expanded bath takes it to another level with double sinks, a walk in shower, and a stackable washer/dryer. Every detail has been thoughtfully designed for the buyer who refuses to settle. Here is what makes it even smarter: 2-week rentals are allowed. That means you can enjoy your Gulf-front getaway on your schedule and let it generate serious income the rest of the year. Gulf-front corner units in intimate communities like this command premium rental rates, especially during peak Florida season. Dedicated parking spot #19 and dedicated storage unit #9. This isn't just a dream home, it's a dream investment. Step outside and you're already walking distance to the beloved restaurants and shops of Indian Rocks Beach. Hop on the coastal bike paths that wind through the area, or take a short drive to Clearwater Beach, premier shopping, St. Pete–Clearwater Airport (20 min), or Tampa International (35 min). Everything you need is right here. Properties at Pelican Cove almost never come to market. When a gulf-front corner unit does, renovated, rental-eligible, with a private pool and beach access, it disappears fast. Don't let someone else wake up to your ocean view. Make this your beach address.
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:
$599,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $479,200 | $479,200 | $479,200 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.250% | 6.500% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.375% | 6.638% | 5.972% |
| Monthly Tax Payment | $363 | $363 | $363 |
| H/O Insurance Payment | $92 | $92 | $92 |
| Initial Principal & Interest Pmt | $2,951 | $3,029 | $3,979 |
| Total Monthly Payment | $3,406 | $3,484 | $4,434 |
* 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.