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Weekly rentals permitted! Amazing opportunity! This two-bedroom, two-bath intracoastal front condominium at Bay Shores Yacht & Tennis Club of Indian Shores hits the market. This prime location in the building offers breathtaking water views of the Intracoastal Waterway while just being a short distance from Gulf of Mexico beaches. The spacious balcony extends 24 feet long by 5. 11 feet wide where you can enjoy the fresh air while watching the epic sunrises, dolphins, wildlife and cruising boats. In addition, you can enjoy world-famous Florida sunsets from the front breezeway. To complement all these outstanding views, this unit has a spacious floor plan and is meticulously kept and fully furnished, ready to stay or rent to a vacationer. The ability to rent short-term, combined with resort-style amenities, results in strong income potential! One assigned parking space and plenty of guest parking. This unit is amazing! This community is also unique with an impressive list of amenities. BSYT is on 4. 5 acres of Intracoastal Waterway frontage and directly across the street from the beach. Owners and guests can enjoy the fishing pier, approximately 20 first-come, first-serve boat slips, picnic gazebos, shuffleboard court, heated pool and hot tub, an eighth-floor observation deck with views for miles, clubhouse, men and women's sauna, four tennis courts (one doubles as a pickleball court), a putting green, designated areas for bikes and kayak/paddle board storage, next door to Smuggler's Cove Putt golf attraction, many boutique shops/restaurants, and most importantly right across the street from the beach. There is a pedestrian crosswalk and beach access directly across from the location of this condominium. It's a one-minute walk to the white sugar sand beaches of Indian Shores. Within 40 minutes of two international airports. No pets. See this unit and Bay Shores Yacht & Tennis has to offer, you won’t be disappointed!
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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 | $456,000 | $456,000 | $456,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.173% | 7.316% | 6.550% |
Monthly Tax Payment | $553 | $553 | $553 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,958 | $3,072 | $3,910 |
Total Monthly Payment | $3,603 | $3,717 | $4,555 |
* 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.