5500 Gulf BOULEVARD, #5255, St Pete Beach, FL, 33706 | $349,990

Explore a slice of paradise within this Condo-Hotel, nestled along the pristine shores of St. Pete Beach. Embrace the allure of the Tradewinds Island Resort, renowned as a haven for those seeking a tropical beachfront escape. This idyllic sanctuary offers an array of amenities for the perfect getaway: delectable dining, beachfront bars, soothing comforts, and an array of activities for adults and children. Spanning 300 sq. ft. , this floor plan features a charming kitchenette, two double beds, and a lucrative turnkey rental income opportunity through the established rental program. Benefit from the robust tourism demand, allowing you to capitalize on this investment unit while enjoying up to 28 days' occupancy per year. The Tradewinds Resort sprawls across 30 acres, inviting you and your guests to revel in its offerings. Whether unwinding in a beach cabana with a tropical libation or partaking in a myriad of beach activities beneath the renowned Florida sun, this is a place to savor the essence of island living. Engage in everything or relish the art of doing nothing at all. Additionally, delve into the compelling new information and FAQs concerning the Tradewinds' expansion—an exciting prospect poised to augment the income potential of your new investment.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 7
  • Amenities: Elevator(s), Fitness Center, Gated, Laundry, Playground, Pool, Recreation Facilities, Security, Tennis Court(s)
  • Rooms: 3
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Other
  • Complex: JACARANDA BEACH VILLAS CONDO
  • Year Built: 1990
  • Common Charge: $455 Monthly
  • Approx Sq. Feet: 300
  • Est. Taxes: $3,804
  • Lot Desc: FloodZone, City Lot, Near Public Transit
  • View: Garden
  • Pet Policy: No
  • Appliances: Bar Fridge, Microwave
  • MLS#: U8237429
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/U8237429/5500gulfboulevard_stpetebeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 6/14/2024 5:25:33 AM)
Listing courtesy of eXp Realty   Phone: 727-592-2286

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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Our Insurance Division:

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5500 Gulf BOULEVARD, #5255, St Pete Beach, FL, 33706

$349,990

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $279,992 $279,992 $279,992
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.815% 7.055% 6.120%
Monthly Tax Payment $317 $317 $317
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,863 $1,839 $2,344
Total Monthly Payment $2,255 $2,231 $2,736

* 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.