31 Island WAY, #609, Clearwater, FL, 33767 | $409,999

Check out the most amazing panoramic views of the Clearwater Beach skyline! The night views and evening sunsets are truly magical and remind you of how precious each day really is. Welcome to 31 Island Way Co-op, the best-kept secret in Island Estates! This spacious 2-bedroom, 2-bath home offers nearly 1, 300 square feet of living space, ready for you to remodel and make your own. This home is a great value, needing only basic cosmetic upgrades. Horizon House is special because nearly everything is included in the HOA fee, making it feel like you're living in a resort overlooking the water! Your HOA covers all utilities—electric, water, sewer, trash, laundry, cable, and Wi-Fi. Each unit comes with a private storage closet on the same floor, and every floor has its own free laundry facility. The building has recently upgraded amenities, including a new fitness facility, state-of-the-art security entrance system, upgraded AC systems, updated elevators and lobby flooring, a geothermal heated pool, on-site property management, concierge reception, a library, recreation center with free Wi-Fi, and boat slips available on a first-come, first-serve basis. Additional amenities with small fees include covered biking storage and covered parking. As a co-op, you receive stock certificates at closing rather than a deed, so all purchases must be cash, as the bylaws prohibit placing a lien against any unit. Other building amenities include a fishing pier, boat dock, shuffleboard, outdoor barbecue grills, fitness center, rec room, library, and a beautifully updated lobby with new windows and doors. The association is well-managed with full reserves. Additionally, the assessment from June to remove the water tank has been paid in full, offering added peace of mind. You can bike or stroll to nearby shops, restaurants, grocery stores, Clearwater Aquarium, and the famous sugary sands of Clearwater Beach.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 12
  • Amenities: Cable TV, Clubhouse, Elevator(s), Fitness Center, Laundry, Lobby Key Required, Optional Additional Fees, Pool, Recreation Facilities, Shuffleboard Court, Storage
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area, Same Floor As Condo Unit
  • Complex: HORIZON HOUSE CO-OP
  • Year Built: 1962
  • Approx Sq. Feet: 1,295
  • Acreage: 2.81
  • Est. Taxes: $4,900
  • Condo Fee: $1,290 Monthly
  • Lot Desc: City Lot, Landscaped, Near Marina, Near Public Transit, Sidewalk
  • View: Water
  • Elem. School: Sandy Lane Elementary-PN
  • Middle School: Dunedin Highland Middle-PN
  • High School: Clearwater High-PN
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Range, Range Hood, Refrigerator
  • MLS#: U8255476
  • Days on Market: 15 days
  • Website: https://www.raveis.com
    /prop/U8255476/31islandway_clearwater_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 9/28/2024 4:11:10 PM)
Listing courtesy of RE/MAX REALTEC GROUP INC   Phone: 727-789-5555

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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31 Island WAY, #609, Clearwater, FL, 33767

$409,999

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $327,999 $327,999 $327,999
Term 360 months 360 months 180 months
Initial Interest Rate** 6.375% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.512% 6.273% 5.248%
Monthly Tax Payment $408 $408 $408
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,046 $1,993 $2,592
Total Monthly Payment $2,529 $2,476 $3,075

* 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.