Unbeatable Value! Ideal for Seasonal or Full-Time Living, or Investment Opportunity
Welcome to the pinnacle of affordable luxury in this meticulously remodeled condo, radiating classic Florida charm. Strategically located just off Gulf to Bay, this residence offers unparalleled convenience to Clearwater’s stunning beaches, shopping centers, airports, and major highways.
Step into this inviting first-floor unit featuring 1 bedroom and 1 bathroom, complete with wood-like tile flooring and a fresh, modern paint job throughout. The seamless flow between the cozy dining room and the updated kitchen makes it perfect for effortless entertaining. The kitchen is equipped with brand-new appliances, a new water heater, and ample storage space.
Relax in the enclosed Florida Sunroom, ideal for enjoying your morning coffee or unwinding after a busy day. With an assigned parking space right at your doorstep, convenience is paramount.
Key Highlights:
New tenant in place with a 1-year lease at $1, 500/month, ensuring immediate rental income.
Low monthly maintenance fees covering exterior building maintenance, common areas, water, sewer, and trash removal.
Situated in a NO FLOOD ZONE, providing extra peace of mind for investors and tenants alike.
The property is conveniently located within minutes of grocery stores, shops, restaurants, and St. Petersburg College, making it even more attractive to renters. With similar units renting for $1, 500-$1, 600/month, this property offers exceptional value.
Whether you're seeking a profitable rental investment or a cozy retreat for snowbirds, this fully renovated unit with a tenant already in place is a fantastic opportunity.
Act fast—this opportunity won’t last long! Schedule a viewing today and start collecting rental income from day one.
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Our Executive Mortgage Banker:
Our Insurance Division:
$142,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $113,600 | $113,600 | $113,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $95 | $95 | $95 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $756 | $755 | $958 |
Total Monthly Payment | $926 | $925 | $1,128 |
* 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.