This beachside condo is the perfect escape from the cold winters. Interested in a rate buydown to make this even more attractive? Low HOA's too! This two-bedroom, two-bathroom condominium has no Milestone assessment. The condo has been recently updated to offer luxury living, with modern amenities such as stainless steel appliances, luxury vinyl tile flooring throughout, and stunning views with natural sunlight. The primary suite features a spacious walk-in closet, while both spacious bathrooms have sleek vanities. You can step onto the lanai, with epoxy flooring, and enjoy the magnificent views overlooking the 5th tee box of the golf course and the breathtaking views of Boca Ciega Bay and Tampa Bay.
This fully furnished, top-corner unit is equipped with community amenities such as a fishing pier, clubhouse, fitness center, bike storage, golf course, heated saltwater pool, and spa. With a newer AC, low HOA fees, completed Milestone, ample storage, and so much more, this property is highly sought-after in the Palma Del Mar neighborhood.
The assigned parking space is located outside of the lobby door on the ground floor of the parking garage, and comes with ample guest parking available too. The property is also located within minutes of Ft Desoto Park, St Pete Beach, Downtown St Petersburg, restaurants, and shopping.
This highly desirable property is perfect for those seeking both tranquility and income in a beach home. A minimum one-month rental is required to enjoy this retreat.
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$440,000
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 | $352,000 | $352,000 | $352,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $503 | $503 | $503 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,401 | $2,340 | $2,994 |
Total Monthly Payment | $2,979 | $2,918 | $3,572 |
* 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.