Kick back and enjoy fabulous Intracoastal Water Views from your top floor balcony of this rare 3 bedroom, 3 bath condo. You'll see amazing sunrises, frolicking dolphins, and manatees plus many local bird species. An ideal second home or investors dream, Indian Sands allows minimum 1-7 day rentals. The balcony is enclosed with screens that can open and a ceiling fan for all year comfort. Simply open the new impact sliding glass doors and you have increased your living space and expanded your water views! Originally a 2 bedroom, 2 bath with an attic, the owners converted it to an expansive 1 bedroom/1 bath that includes a loft overlooking the living area and water. The upstairs 1 bedroom extends into a flex space and is perfect for a game room or additional sleeping. There's space for 2 sets of bunk beds and a queen allowing you to sleep up to 8 people. With a full bath and lots of storage this is the perfect space for all the kids. (The loft would also be a great office!) Some additional features include new stairs to loft, new high capacity washer/dryer in 2019, upgraded & new A/C in 2020. Appliances include a new refrigerator and dishwasher in 2021 + new water heater in 2024. The LARGE Master Shower has been completely renovated. There are 2 tandem parking spots under the building and a sizable storage for your beach toys. Convenient Gulf Beach Access is right across the street, or alternatively take a refreshing dip in the year round heated swimming pool right in the complex. Love to fish? Cast your line off the communitys private dock that includes a fish cleaning station. And there's a gathering area with tables and lounge chairs, and a TV and grills by the Sandy Beach for those family get togethers. There is a ramp for kayaks and paddle boards as well. An added bonus is a wood burning fireplace for those cool February nights! Prime Location- just 1 block to Restaurants, Entertainment and Great Rental Shop for Canoes & Paddle Boards. This property is a Perfect Beach Retreat with lenient 1 day minimum Rental Policy which allows owner’s flexibility for Excellent RENTAL INCOME to offset costs. This Condo has it ALL!!!!
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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 | $788,000 | $788,000 | $788,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $770 | $770 | $770 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $5,046 | $5,046 | $6,919 |
Total Monthly Payment | $5,908 | $5,908 | $7,781 |
* 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.