8 Palm TERRACE, #502, Belleair, FL, 33756 | $4,100,000

Welcome to the luxurious fifth-floor penthouse at 8 Palm Terrace, in the esteemed Belleair Country Club, renowned for its award-winning golf course offering two 18 holes courses and the Belleview Inn. Step into a world of opulence and sophistication in this impeccably designed home, where every detail exudes elegance and warmth with engineered hardwood floors that span throughout the residence. With two expansive terraces offering breathtaking views, indulgent sunlight floods every corner, creating a serene ambiance ideal for relaxation. Indulge in the ultimate culinary experience in the pristine, never-used kitchen, where the allure of modern appliances and premium finishes awaits. Enjoy panoramic views from every room, ensuring every moment spent in this home is accompanied by the beauty of its surroundings. Plus, as a turnkey property, all the luxurious furniture comes included, allowing you to move in seamlessly and start enjoying your new lifestyle right away. With a total of four car garages for those car enthusiasts, the building sits 35 feet above the water, no mandatory flood insurance needed. Homeowners are welcome to Belleview Inn amenities pool and gym. This building is the only building that has additional community space to enjoy on the first floor. Don't miss out on this unparalleled opportunity to elevate your lifestyle in the epitome of luxury living within the exclusive Belleair Country Club.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 6
  • Amenities: Fitness Center, Gated, Lobby Key Required, Pool, Recreation Facilities, Security
  • Rooms: 11
  • Bedrooms: 3
  • Baths: 4 full / 1 half
  • Laundry: Laundry Room
  • Complex: RESIDENCES AT BELLEVIEW PLACE CONDO
  • Year Built: 2021
  • Approx Sq. Feet: 4,144
  • Acreage: 0.36
  • Est. Taxes: $43,442
  • Condo Fee: $2,198 Monthly
  • View: Water
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Exhaust Fan, Gas Water Heater, Ice Maker, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: U8238157
  • Days on Market: 75 days
  • Website: https://www.raveis.com
    /prop/U8238157/8palmterrace_belleair_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 6/25/2024 7:17:11 PM)
Listing courtesy of PREMIER SOTHEBYS INTL REALTY   Phone: 727-585-9600

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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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8 Palm TERRACE, #502, Belleair, FL, 33756

$4,100,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $3,280,000 $3,280,000 $3,280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.799% 6.888% 6.850%
Monthly Tax Payment $3,620 $3,620 $3,620
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $21,822 $21,274 $28,798
Total Monthly Payment $25,567 $25,019 $32,543

* 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.