Successful Milestone Inspection Completed! Penthouse level two-bedroom, two-bath direct beachfront residence at MontMartre in prestigious Belleair Beach. This unique property enjoys wide open panoramic views of the Gulf of Mexico as well as Intracoastal views of Clearwater Harbor to the east. The interior floor plan is spacious and comfortable with an open concept and water views from every room and an expansive balcony overlooking the beautiful lush landscaped grounds of MontMartre, the pool, beachfront boardwalk, sunbathing patio and the pristine white sugar sand beaches of Florida's famous Sun Coast. The interior of the condominium is well appointed with tile and carpet flooring, renovated kitchen and baths featuring attractive custom tile work, solid surface countertops, quality appliances, hardware and fixtures, a stackable washer and dryer, cedar-lined primary walk-in closet, storm-rated windows and sliding glass doors, and its offered furnished and decorated, a turnkey package. Additional features include assigned covered underbuilding parking space with adjoining private storage closet, heated beachfront swimming pool, clubhouse, outdoor designated grilling stations and secured beach access. Enjoy all the beach has to offer such as fishing, paddleboarding, snorkeling, shelling, boating, jet skiing, enjoying the beach, epic daily sunsets and more. Belleair Beach is known for its privacy, low density population, no high-rises, no commercial commerce, it is a residential quiet beach. Location is just five minutes to Clearwater Beach for more action if desired, and just a 30-minute ride to Tampa International Airport or 15 minutes to Clearwater/St Pete Airport. Don't miss the opportunity! Seller Motivated to Compete a Reverse 1031 Exchange.
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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 | $638,800 | $638,800 | $638,800 |
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 | $734 | $734 | $734 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,250 | $4,246 | $5,387 |
Total Monthly Payment | $5,076 | $5,072 | $6,213 |
* 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.