Welcome to your slice of paradise at Shell Cove, where this beautifully updated 2-bedroom, 1-bath condo offers not only a tranquil retreat but also maximum income potential with nightly rental opportunities. Nestled directly on the beachfront, this unit promises breathtaking ocean views and convenient access to the sand and surf.
Interior Features:
Step inside to discover a tastefully renovated interior featuring: Being sold Turnkey Furnished.
Open-concept living and dining area with panoramic views of the ocean.
Modern kitchen with stainless steel appliances, including under counter commercial grade refrigerator and freezer, smooth top range, convection microwave , granite countertops, and ample storage space.
Two generously sized bedrooms with cozy furnishings and plenty of natural light.
Updated bathroom with contemporary fixtures and a tiled shower.
Air conditioning and ceiling fans for comfort year-round.
Newer installed hurricane-resistant windows and full view door for added safety and peace of mind.
Convenient washer and dryer located in the unit for added convenience.
Exterior and Amenities:
Outside, the condo complex offers:
Direct access to ANNA MARIA ISLAND Beach, ideal for morning strolls and sunset views.
Well-maintained grounds with lush landscaping and palm trees.
Income Potential:
This condo is zoned for nightly rentals, allowing for maximum income potential through vacation rentals or short-term stays. With its prime beachfront location and desirable amenities, it's an attractive option for investors or those looking to generate passive income.
Community Features:
HOA covers water, sewer, trash, cable, internet, maintenance of the building, grounds, and insurance on the building.
Location:
Shell Cove is conveniently located near local attractions, dining, and shopping, making it a sought-after destination for both tourists and residents alike. Enjoy easy access to nearby restaurants, bars and shopping, & island free trolley or take a walk on one of the island trails, or enjoy the beach with water sports, or try some cultural experiences.
Additional Details:
Assigned parking spaces for residents and guests.
Pet-friendly community (verify restrictions with HOA).
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:
$815,000
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 | $652,000 | $652,000 | $652,000 |
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% | 6.246% | 6.201% |
Monthly Tax Payment | $719 | $719 | $719 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,962 | $3,962 | $5,502 |
Total Monthly Payment | $4,773 | $4,773 | $6,313 |
* 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.