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Experience the ultimate beachfront lifestyle in Penthouse 2 at Sand Castle II, a rarely available top-floor Gulf-front condominium in the heart of Indian Shores. This beautifully maintained 3-bedroom, 2-bath residence offers panoramic views of the Gulf of Mexico and the intracoastal waterway, breathtaking sunsets, and direct access to the sugar-sand beaches that make Florida’s Gulf Coast famous.
Designed to capture the beauty of its beachfront setting, the open-concept floor plan is filled with natural light and showcases stunning Gulf views from the main living areas and private balcony. The spacious living and dining areas provide an ideal setting for entertaining, while the well-appointed kitchen offers ample cabinetry and workspace for owners and guests alike. The primary suite serves as a relaxing coastal retreat, complemented by two additional bedrooms that comfortably accommodate family and visitors. Recent upgrades include new doors and windows, and a UV HVAC filter.
Sold fully furnished and currently participating in a successful rental program, this penthouse presents an exceptional opportunity for investors seeking immediate income potential. Sand Castle II’s desirable beachfront location and weekly rental policy make it highly attractive to vacationers throughout the year, allowing owners to benefit from strong rental demand while still enjoying personal use of the property. The combination of penthouse-level views, direct beach access, and resort-style amenities positions this residence as a premier vacation rental in one of the Gulf Coast’s most sought-after destinations.
Residents and guests enjoy a heated Gulf-front pool, spa, direct beach access, elevators, and beautifully maintained grounds. Conveniently located near restaurants, shopping, entertainment, parks, and area attractions, the property offers the perfect blend of lifestyle and investment value.
Whether you’re looking for a turnkey beachfront investment, a luxury vacation home, or both, Penthouse 2 at Sand Castle II offers a rare opportunity to own an income-producing Gulf-front property with spectacular views and proven rental appeal.
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,250,000
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 | $1,000,000 | $1,000,000 | $1,000,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.750% | 6.000% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.263% | 6.121% | 6.183% |
| Monthly Tax Payment | $1,261 | $1,261 | $1,261 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,836 | $5,996 | $8,439 |
| Total Monthly Payment | $7,222 | $7,382 | $9,825 |
* 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.