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Under contract-accepting backup offers. AVALON OF CLEARWATER, Ground Floor, FULLY FURNISHED, turn-key and ready for occupancy. This beach-themed condominium features a split floor plan with two bedrooms/two bathrooms and is situated within a pet-friendly, all-ages, GATED COMMUNITY. This is an excellent investment opportunity to own a two-bedroom unit at this property, which ALLOWS WEEKLY RENTALS and is only 3. 5 miles from Clearwater Beach. The condo has a solid rental history and can be rented short-term to generate income or cover expenses. The unit features solid wood high end furniture with an open floor plan, high 9-foot ceilings and a fully equipped kitchen complete with stainless steel appliances. The laundry closet with full sized washer and dryer is conveniently located next to the kitchen. The bedrooms are located on opposite sides of the unit providing privacy for occupants, each with ceiling fans and large walk-in closets. There is also a large private covered porch with a 27 sq ft closet providing plenty of storage. Community amenities include a large geothermally heated pool, controlled access gates, clubhouse, 24-hour fitness center, full kitchen, restrooms, meeting area, library, cable, internet, 24-hour security patrols, trash, pest control, flood insurance, and exterior maintenance, ALL INCLUDED with condo fee. The property is situated in a NON-FLOOD ZONE and is close to restaurants, shopping, public transportation, and major roadways. Tampa International and Clearwater/St. Pete Airports are a short drive away. Two-bedroom units rarely become available in this complex and sell quickly, call to schedule a private showing today! (Listing Agent is Owner)
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$359,000
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 | $287,200 | $287,200 | $287,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | $340 | $340 | $340 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,792 | $1,887 | $2,404 |
Total Monthly Payment | $2,207 | $2,302 | $2,819 |
* 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.