IMAGINE YOUR DREAM VACATION HOME AT THIS BEACH RETREAT IN THE HEART OF CLEARWATER BEACH. **LEGAL WEEKLY RENTAL** This unique blend of coastal chic and modern finishes is a must see! Located steps to the award-winning sugar white sands of Clearwater Beach, this home offers a 3-way split floor plan with 5 bedrooms, 3 full baths, and upper sunning deck. The NEW heated swimming pool and plush tropical landscaping create the perfect ambiance for your family beach getaway. Upon entry you will be greeted with a spacious open floor plan, kitchen with breakfast bar, newer appliances, and patio slider that opens to the pool and patio. The generous master suite is on the right of the home with a king-sized bed, TV, private en-suite bath, and dual closets and a cozy sitting area. There is another bedroom close to the master with a queen bed and TV is perfect for guests and family. 3 more bedrooms all with queen beds and TVs. Quick and easy access to local shopping, dining and water activities of Clearwater Beach in addition to Tampa, St. Petersburg and the other parts of Florida that enhance the value of living in the moment and making the most of the beach lifestyle. Leave your world behind and escape to this beach cottage to unwind and refresh in the warmth of this tropical paradise. FACTS: ALL NEW Bedroom Furniture (August 2024), 2 AC units 4-5 years old, Flood Insurance estimated at $6, 000/year. 2024 NET INCOME $150, 000 (net after 20% property management fees, cleaning and CC fees) 2025 - $85, 000 in reservations already booked! Walk into instant income! Call today!
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Our Executive Mortgage Banker:
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$1,559,000
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 | $1,247,200 | $1,247,200 | $1,247,200 |
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 | $1,484 | $1,484 | $1,484 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,986 | $7,986 | $10,950 |
Total Monthly Payment | $9,595 | $9,595 | $12,559 |
* 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.