Under contract-accepting backup offers. OVER $230, 000 BELOW PRECONSTRUCTION total Savings!!! If the price reduction were not enough to entice you a new surprise awaits.
Imagine next year's positive cash flow thanks to ONE FULL YEAR of HOA payment PAID BY SELLER at closing!!
Plus, Property tax with due date in early 2025 will be FULLY FUNDED BY SELLER at closing (no unfunded tax payment for buyer will be due until early 2026)
Perhaps the MOST coveted Suite in this wonderful resort MUST BE LET GO and must be closed before years end!
This ideal Beach facing CORNER 2BR suite with the Widest (a. k. a. “deepest”) balcony in the entire JW Marriott resort will be sold for this steep discount for personal circumstances.
The owners are selling this beloved unit at a price to execute a desired quick sale! Be the first to sign a contract that will let you purchase at a price that is $155, 000 BELOW the developers ACTUAL SOLD PRICE (no misprint $155k below), PLUS the $27, 000 Development fee is ALREADY PAID IN FULL! (Developers remaining inventory may require this fee or even more for some units but NOT when buying this unit) Plus, the extra furniture purchase required to allow the exclusive ownership of an “in suite HUGE lockable private owner’s closet including an extra refrigerator” (for use on your family’s personal visits) is also ALREADY PAID in full! These items total more than $185, 000 in savings from previous purchase. Now with the HOA & tax credit the massive savings are greater than $230, 000. Gross rental income has had a huge increase in 2024 compared with the "rookie year".
Make our parting with our family’s favorite JWM UNIT 1210 your families gain. This suite is unique with its oversized balcony perfect for entertainment, (the extra size unique to 1210 is noticeable even from the beach below) It is blessed with the coveted direct view over the sand. The unit’s elevation places it in the UPPER TOWER where only two units on the entire floor have this ideal water view. This Corner location at this elevation allows ~ 270 degrees of far-reaching Views. Even Clearwater’s Memorial Causeway can be seen. Listing pictures tell this story far better than these words can.
Owners can use the renowned JW Marriott to manage their suite’s rental when it is not in personal use or (as some neighbors do) you may hire an independent manager or even self-manage the suite (no Homestead allowed). Regardless of what choice you make, your families & guests will be basking in the luxury of this building, the construction of which lives up to the “JW” standard of excellence.
Despite significant personal use the unit still has a very nice positive cash flow for us in 2024, but for a buyer Receiving a year of HOA fees & full TAX BILL funding for the significant future their cash flow could be expected to hugely increase.
If rent patterns, follow other local resorts past trends the third year MAY even further outperform these early years.
Set up a visit between guests soon! Please be patient as occupancy is often very high for this wonderful unit. (Listing Realtor is related to seller).
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,112,000 | $1,112,000 | $1,112,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 6.000% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.443% | 6.258% | 6.201% |
Monthly Tax Payment | $10 | $10 | $10 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $6,757 | $6,757 | $9,384 |
Total Monthly Payment | $6,892 | $6,892 | $9,519 |
* 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.