Welcome to the Old Island Inn located in the beautiful community of Tierra Verde and get ready to check all your boxes for the perfect get away or year-round residence. This quaint waterfront resort-style condo is move in ready and features 2 bedrooms and 2 updated bathrooms complete with picturesque water views and is perfect for those seeking to live the lifestyle they have dreamed about. Take advantage of outdoor Florida living while enjoying your favorite beverage and watching the abundant wildlife including seabirds, dolphin, and manatee on your over-sized covered balcony with breathtaking views of the water. The breakfast nook with an abundance of natural light doubles as an incredible office space where you can find inspiration while working. The master bedroom features a walk-in closet and an en-suite bathroom, providing a private retreat within the condo. A stackable washer and dryer completes the must have utility list; covered carport and plenty of guest parking, check, and if you have furry friends you have found one of the few condos that allows for 2 pets with no size restrictions. For further peace of mind a new roof has just been installed. 30 day rentals are allowed and for those with a passion for boating a non-deeded boat slip or lift is available on a first come first serve basis with no additional fee! The Old Island Inn offers a range of amenities to cater to your every need. Elevators provide easy access to the unit, while a storage locker offers extra space for your belongings. Spend your days relaxing by the pool, or challenge friends to a game of pickleball or tennis. Kayak storage and on-site car wash add to the bonuses of this community. Enjoy the convenience of award-winning Ft. Desoto just minutes away, where you can spend your days exploring the outdoors and soaking up the sun, and cyclists will definitely appreciate the new designated bike lane throughout the area. Tierra Verde offers a wealth of activities right at your doorstep, boredom in this ideal area is impossible. Golfing, fishing, dining, and a marina are all nearby, giving you plenty of options for entertainment. With its prime location, you can easily explore downtown St. Pete, Historic Pass a Grille, and top-rated St. Pete Beach, offering a wide range of shopping, diverse cuisine, and cultural experiences. Take a short walk across the street to downtown Tierra Verde, where you can indulge in delicious meals at popular restaurants like Tony & Nello's, Good Times, De Russo's, Phil A Deli, Alsace, Billy's on the waterfront, Sea Worthy's, and don't forget to visit Island Produce for fresh fruits and vegetables. With its proximity to I-275, and just 30 minutes to Tampa International Airport, this location offers unparalleled convenience. Experience the best of both worlds – a serene island retreat and easy access to city life. Don't miss your opportunity to own this amazing condo in Tierra Verde. Contact us now to schedule a viewing and make this your new dream home.
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$389,000
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 | $311,200 | $311,200 | $311,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $461 | $461 | $461 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,891 | $1,891 | $2,459 |
Total Monthly Payment | $2,427 | $2,427 | $2,995 |
* 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.