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CALLING ALL INVESTORS, RENTAL INCOME POTENTIAL OPPORTUNITY!!!!!! Enjoy Island living at its best with this renovated 1700 square foot 3-bedroom, 3-full bath, huge loft space and 2 car garage. Located in the exclusive Cutter Cove Community on Island Estates. This complex offers resort style amenities including heated pool and spa, Tiki huts, Barbecue area, cabanas and a community waterfront clubhouse. The owners spared no expense with their updates to this home. The chefs kitchen has custom cabinets, granite counters and stainless appliances. The kitchen opens to the great room with high ceilings and sliders leading to a private patio for dining. The first bedroom and full bath is located on this level. Going upstairs you will find the Primary bedroom and en-suite. This retreat has 2 walkin closets along with gorgeous updates to bath including new cabinetry and granite. A spiral stair case leads to the huge loft area attached to the primary retreat, and can be used as a home office. Down the hall is the 3rd bedroom with lovely updated bath. There is stylish laminate flooring throughout the home, adding warmth to the custom finishes. This townhome features 2 car tandem garage with ample storage space for all your beach toys, bikes, paddle boards and golf cart. This is a pet friendly complex so bring your dogs. The exceptional amenities also include minimum lease with approval, making it an ideal investment opportunity, seasonal rentals for extra income. No Storm damage was incurred in this unit. The roof is 1 yr new. Located on Island Estates there is a Publix grocery store, bank, post office, fine dining and all less than a mile to our Famous Clearwater Beach. This home offers unmatched coastal convenience and access. Enjoy all the benefits of Gulf Coast Luxury living with proximity to Tampa's cultural attractions, theme parks, 2 International airports, Championship golf courses, Yacht clubs and the turquoise waters of the Gulf of America. You owe it to yourself to come live what we locals call "The Salt Life".
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.
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Our Executive Mortgage Banker:
Our Insurance Division:
$539,000
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 | $431,200 | $431,200 | $431,200 |
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 | $610 | $610 | $610 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,725 | $2,833 | $3,610 |
Total Monthly Payment | $3,427 | $3,535 | $4,312 |
* 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.