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Your Dream Home Clearwater Beach – Move-In Ready!
PRICE INCLUDES: ***FULLY FURNISHED TURNKEY PACKAGE***
Imagine living less than 5 miles from the #1 rated beach in the U. S. , Clearwater Beach! This stunning 4-bedroom, 2-bathroom single-family home offers the perfect blend of modern comfort, spacious living, and unbeatable location. Whether you're looking for your first home or a smart investment, this property has it all!
Step inside to discover a beautifully updated interior featuring luxury vinyl plank flooring, high-efficiency double-paned windows, and brand-new doors that combine style and energy efficiency. The open, airy layout in this solid block construction home provides plenty of room for both relaxation and entertaining.
Experience the best of Florida living with a prime location just minutes from the beach and all the amenities Clearwater has to offer.
PROPERTY HIGHLIGHTS:
This Property is READY to generate passive INCOME or ENHANCE your investment portfolio.
Prime Location: Situated on a quiet street with no HOA fees and outside any flood zones, ensuring low overhead costs.
Open Floor Plan: The split-bedroom layout creates a bright and inviting space, perfect for families or entertaining guests.
Private Oasis: Enjoy a resurfaced heated pool within a fenced backyard, ideal for relaxation or hosting gatherings.
TURNKEY INVESTMENT OPPORTUNITY:
This home has a successful track record as a vacation rental, offering Pro Forma:
Projected Annual Gross Income: $80, 000
Net Operating Income (NOI): $50, 000
Estimated CAP: 12
INVESTMENT FINANCING EXAMPLE:
Assuming a loan amount of $434, 000 with a 5. 875 interest rate on a 30-year fixed mortgage:
Principal and Interest Payment: Approximately $2, 569/month -
This property presents an exceptional opportunity for both personal enjoyment and investment potential in a highly sought-after location.
This property will not last schedule you appointment today!!!
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:
$543,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $434,400 | $434,400 | $434,400 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $524 | $524 | $524 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,746 | $2,854 | $3,636 |
Total Monthly Payment | $3,362 | $3,470 | $4,252 |
* 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.