Introducing the Boutique Beach Retreat – an absolute gem nestled in the heart of Treasure Island, Florida. This beautiful, boutique-style hotel boasts a location just steps away from stunning beaches and the Gulf of Mexico. With eleven uniquely renovated and custom-designed rooms offering private access and updated modern amenities, this property provides a comfortable and inviting atmosphere for all of its guests. Since our full renovation in ‘20 - ‘22, guests have raved about our beautiful rooms, heated pool, paved patio area, the warm and inviting rooms, ambiance, and the property's proximity to everything everyone wants to do in this sought-after destination. This turnkey investment is listed on all of the major booking platforms, comes with a fully integrated property management system in place and a professional booking website that gets direct bookings. The staff is stable and the property can be managed easily! Our premier room is a 2/1 apartment, our 2nd largest room is a full efficiency unit with a living room, six of the other rooms have full kitchens and three rooms have kitchenettes. In addition, there is a small office, laundry room and guest storage room with a unique guest locker system for essentials they may need after hours. This is the perfect opportunity to own a turnkey, stabilized piece of paradise for either a hands off investor or owner operator. Located directly across the street from Treasure Island's vibrant and booming coastline, this cash flowing investment is ready to step right into it.
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:
$4,400,000
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
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $3,520,000 | $3,520,000 | $3,520,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.799% | 6.876% | 6.850% |
Monthly Tax Payment | $943 | $943 | $943 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $23,419 | $22,831 | $30,905 |
Total Monthly Payment | $24,487 | $23,899 | $31,973 |
* 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.