A TESTAMENT TO DURABILITY AND RESILIENCE. HAVING WITHSTOOD A CATEGORY 3 HURRICANE, IT EMERGED WITH ZERO DAMAGE, SHOWCASING ITS BLOCK CONSTRUCTION AND QUALITY MATERIALS. Welcome to On Top of The World, your ideal 55+ retirement haven in Clearwater, Florida! This bright and airy 2 bedroom 2 bath condo is situated in a esteemed guarded gated community, offering a perfect blend of safety, relaxation and activity. Upon entering you will find beautiful laminate flooring, freshly painted walls (2024), New carpet (2024), New Water Heater (2024), newer hurricane windows throughout!!! The master is spacious with a large built-in closet including a properly installed Washer & Dryer for the owners convenience and the bath has a walk-in shower with properly positioned security handles. The guest bedroom has a good size built-in closet and the hallway full bath is only steps away. A good size kitchen with room for a small table opens to a large and full of natural light Florida Room with views to mature trees. Enjoy the beautifully landscaped grounds and two private golf courses (9 & 18 Holes) right at your doorstep. The active HOA ensures there's never a dull moment, providing a wide range of activities and amenities. From swimming in the heated pool, playing Tennis, Pickleball, Shuffleboard, Horseshoes, Lawn Bowling, Bingo, to participating in social events at the clubhouse, including music & dancing, wood shop, arts and crafts and more, there is something for everyone. A state-of-the-art fitness center, fully equipped with cardio machines, weight training and a variety of fitness classes. And don't forget your furry friends, a well maintained dog park on premises makes it easy for an afternoon stroll with your babies. Don't forget the best part, CURRENT RESIDENTS LOVE LIVING HERE! The low monthly fee of $463. 68 includes Pool Maintenance, Pest Control, Recreational Facilities, Exterior and Ground Maintenance, as well as Cable, Internet, Water, Sewer & Trash Collection. OTOTW is conveniently located in close proximity to Beaches, Countryside Mall, Public Transportation, Shopping, Groceries, Entertainment, Hospitals and Tampa Intl Airport. This is an awesome opportunity to own this unit and not be under a land lease, your HOA will always be lower and all parts of the Milestone inspections have been completed. This property is being transferred as Fee Simple Warranty Deed, association approval is mandatory. For those seeking financing, a 35% down payment is required. NOT A LAND LEASE.
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Our Executive Mortgage Banker:
Our Insurance Division:
$175,000
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 | $140,000 | $140,000 | $140,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $153 | $153 | $153 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $931 | $930 | $1,200 |
Total Monthly Payment | $1,159 | $1,158 | $1,428 |
* 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.