2101 Shoreline Dr #433
Higher is a better buy. 50 is "priced about right for what it is". The last step curves the raw advantage onto 0–100, so points stop being one-for-one at the extremes.
💵What this unit actually costs per month
30% of that payment is not the mortgage. The HOA fee alone is $39,660 over five years — money that buys you no equity. A calculator that defaulted the fee to zero would have quoted you $3,919.
Not FHA-approved. No 3.5%-down FHA financing on this unit, so the realistic floor is a 5%-down conventional loan ($29,750). Common for small associations and not a defect on its own, but it does remove FHA buyers from your resale pool.
Minimum realistic down payment here: 5% · verify on HUD's lookup
Rate is the Freddie Mac PMMS 30-year average for the week of 2026-11-05 — a national survey figure, not a quote. Tax, insurance and closing costs are estimates; your own Loan Estimate is the real number.
This building's HOA fees
🚩 Rising fast · +9.1%/yrReconstructed from 25 units of recorded sales at 2101 Shoreline Dr — every recorded sale carries its HOA fee and date. No listing site shows this.
These dues climbed 55% in 5 years — about +9.1%/yr across 25 units of recorded sales, well above inflation. A rise this steep is a leading signal of a special assessment, a drained reserve fund, or an insurance shock. The listing never shows it; the building's documents are where the "why" lives.
🏢 Get this building's full reserve & assessment report — free →✅ Positives
- Upper floor (fl 4)
- In-unit W/D
- Garage parking
- Low HOA (1.3%/yr)
⚠️ Cons
- HOA $661/mo
- Photos look dim — verify light in person
🚩 Red flags
- HOA rising ~9%/yr in this building ($435/mo in 2021 → $673)
Photos
Price history (this unit)
- Nov 5, 2026 — Listed $595,000
- May 16, 2006 — Sold (Public Records) $435,000
Description
THE FEELING: A stylishly upgraded split-level condo steps from the beach and shoreline trails. Cathedral ceiling, skylights, and glass doors make it bright and airy, with seaside breezes a door-slide away. THE HOME: 2 Bedrooms, 1.5 Bathrooms, 1,015 SQFT. Open floorplan flowing from the upgraded kitchen with breakfast bar to the sunny dining area and living room. Powder room on the main floor. Two bedrooms tucked away downstairs with roomy closets: one with glass doors to a patio, the primary with an ensuite bath that also opens to the hall. In-unit laundry and abundant storage. Elevator access to the unit, secure entrance, and a garage with dedicated parking and more storage. THE HEART OF…