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19 SOMERSET STREET, Clearwater Beach, FL, 33767 | $4,200,000
EXTREMELY RARE INVESTMENT OPPORTUNITY. LUXURY VACATION RENTAL IN CLEARWATER BEACH WITH NO RENTAL RESTRICTIONS.
Discover an exceptional opportunity to own a newly constructed (2024) luxury vacation rental home just 20 steps from public beach access on world-famous Clearwater Beach. Part of The Gemma vacation home complex, this 6-bedroom, 6. 5-bathroom masterpiece spans three levels and boasts high-end finishes, professional design, and premium amenities - ensuring high-end clientele and exceptional cash flow in the highly competitive short term rental market.
Designed for both luxury and durability, this property features hurricane impact-rated construction and a seamless indoor-outdoor flow. The open concept kitchen and living area are bright and open, with high ceilings, modern coastal touches, and easy access to the outdoor patio that overlooks the private, heated pool. With each bedroom offering an en suite bath and double vanity with designer touches, the home essentially has six primary bedrooms. Four of the six of the bedrooms also include Juliet balconies with partial water views of the Gulf.
The home includes a private elevator for easy access across all three levels and a third-floor lounge with a wet bar and wine fridge – perfect for hosting guests or relaxing with family. A spacious laundry room equipped with two sets of washers and dryers and a supply closet lockout ensure convenience for large groups and efficient cleans. On the ground level, the private pool and hot tub with bluetooth sound system capabilities create a resort-like atmosphere, ideal for entertaining or unwinding after a day at the beach.
With a trusted management company already in place, this property offers a turnkey investment in one of Florida’s most sought-after destinations. Whether you’re looking for a high-performing vacation rental or a luxurious personal retreat, this is a rare chance to own a slice of paradise
Features
- Rooms: 4
- Bedrooms: 6
- Baths: 6 full / 1 half
- Lot Size: 50 x 87
- Laundry: Electric Dryer Hookup, Inside, Laundry Room
- Style: Coastal
- Year Built: 2024
- Heating: Central, Electric
- Cooling: Central Air
- Approx Sq. Feet: 3,572
- Acreage: 0.1
- Lot Size: 50 x 87
- Est. Taxes: $15,209
- HOA Fee: $597 Monthly
- Pool: Child Safety Fence, Heated, In Ground, Lighting, Salt Water
- Pet Policy: Cats OK, Dogs OK
- Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Freezer, Ice Maker, Microwave, Range, Refrigerator, Washer, Wine Refrigerator
- MLS#: TB8362514
- Days on Market: 10 days
- Website: https://www.raveis.com
/eprop/TB8362514/19somersetstreet_clearwaterbeach_fl?source=qrflyer
Listing courtesy of BRIGHTWILD REAL ESTATE Phone: 305-916-9020
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
19 SOMERSET STREET, Clearwater Beach, FL, 33767
$4,200,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $3,360,000 | $3,360,000 | $3,360,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.000% | 6.375% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.811% | 6.475% | 6.309% |
| Monthly Tax Payment | $1,267 | $1,267 | $1,267 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $20,145 | $20,962 | $28,581 |
| Total Monthly Payment | $21,537 | $22,354 | $29,973 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388