RENTING AGAIN, post hurricanes (only pool damage) - RARE Investment and Vacation Home Opportunity: Direct Gulf-front condo on Belleair Beach, Florida's private sandy shores. This fully furnished/turnkey unit offers stunning views and amazing income potential. It features a queen-size bed, flat-screen TV, and a tub/shower combination in the bathroom. The living room, eating area, and kitchen offer open layouts with breathtaking views. Step out onto the balcony through the slider door and witness magnificent sunsets in the west. Accommodating up to 4 guests, this condo at Belleair Beach Club has NO RENTAL RESTRICTIONS, allowing for 1 day, weekly, monthly, or multiple months. Owners can stay for up to 90 days per year. On-site amenities include a heated pool, elevator access, handicap accessibility, and a laundry facility. Painting of walkways, balconies, railings, and the building completed in 2023, with multiple other upgrades. Units at this building rarely come for sale due to their income potentials and rental flexibility. Belleair Beach Club boasts ample, open parking, an elevator, outdoor entertainment/bbq areas, private deeded beach access, and a large on-site laundry room; The complex is conveniently located near shops, restaurants and the fun of Clearwater Beach. One of the best rental units and beaches in Pinellas County. Own your dream vacation unit, while having an income producing property immediately.
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Our Executive Mortgage Banker:
Our Insurance Division:
$549,900
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 | $439,920 | $439,920 | $439,920 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $440 | $440 | $440 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $2,924 | $3,710 |
Total Monthly Payment | $3,459 | $3,456 | $4,242 |
* 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.