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129 104th AVENUE, #109, Treasure Island, FL, 33706 | $250,000
Under contract-accepting backup offers. Welcome to 129 104th Ave, Unit 109 in Treasure Island, FL, now back on the market due to flood damage caused by Hurricane Helene. This two-bedroom, two-bathroom condominium in the desirable Fairlane Condo community is being offered well under After Repair Value (ARV), presenting a fantastic opportunity for buyers looking to customize their waterfront retreat.
While the property did experience flooding, minimal repairs will be completed, including replacement of the flooring, drywall (up to 4 feet), electrical components (below 4 feet), lower kitchen cabinets, and bathroom cabinets, all covered by the association’s flood insurance. Please note that no new upper cabinets will be installed, giving you the chance to personalize the kitchen to your taste.
This spacious unit, with its open floor plan and large windows, continues to offer breathtaking views of Boca Ciega Bay. Once the necessary repairs are completed, you’ll have a stunning home in a prime location, now available at a price point well below its market potential.
Located in Treasure Island, with easy access to local attractions, beaches, and dining, this property offers an excellent opportunity to invest in a waterfront condo at a discounted price, with the ability to add value through additional updates. Don’t miss out on this rare chance to own a piece of paradise at 129 104th Ave, Unit 109, and make it your own.
Features
- Heating: Central
- Cooling: Central Air
- Levels: 2
- Rooms: 8
- Bedrooms: 2
- Baths: 2 full
- Laundry: Other
- Complex: FAIRLANE THE CONDO
- Year Built: 1968
- Approx Sq. Feet: 988
- Acreage: 0.68
- Est. Taxes: $6,399
- Condo Fee: $627 Monthly
- View: Water
- Elem. School: Azalea Elementary-PN
- Middle School: Azalea Middle-PN
- High School: Boca Ciega High-PN
- Pet Policy: No
- Appliances: Disposal, Range, Refrigerator
- MLS#: U8244616
- Days on Market: 124 days
- Website: https://www.raveis.com
/prop/U8244616/129104thavenue_treasureisland_fl?source=qrflyer
Listing courtesy of LPT REALTY, LLC. Phone: 877-366-2213
William Raveis Family of Services
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888.699.8876
Contact@raveis.com
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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
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
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Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
129 104th AVENUE, #109, Treasure Island, FL, 33706
$250,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $200,000 | $200,000 | $200,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 7.551% | 7.159% | 6.276% |
| Monthly Tax Payment | $533 | $533 | $533 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,331 | $1,329 | $1,687 |
| Total Monthly Payment | $1,939 | $1,937 | $2,295 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388