500 Treasure Island CAUSEWAY, #511, Treasure Island, FL, 33706 | $305,000

Under contract-accepting backup offers. Your Dream Opportunity Awaits! Discover the perfect blend of comfort, convenience, and captivating views with this exceptional 2-bedroom, 2-bathroom southwest corner waterfront condo! Step into a spacious 1308 sq ft haven that bathes in abundant natural sunlight, located on the 5th floor. This residence boasts stunning panoramic views of the Boca Ciega Intercoastal from nearly every room, ensuring you’re always surrounded by the serene beauty of the water. Imagine waking up to spectacular sunrises every morning. Savor your coffee and breakfast on your private balcony as the first light of day illuminates the tranquil waters. This idyllic setting is sure to become your favorite morning ritual. The open floor plan seamlessly integrates a large living room and dining area, making it perfect for entertaining guests. Whether you’re hosting a dinner party or enjoying a quiet night in, this space adapts effortlessly to your lifestyle. Your primary bedroom is a true retreat. Spacious and inviting, it features an ensuite bathroom complete with ample closet space and cabinetry, providing plenty of room for all your belongings. The comfortable second bedroom is equally impressive, offering a large walk-in closet and additional storage space behind it. It’s an ideal space for guests, family, or even a home office. Enjoy the convenience of a newer stack washer and dryer in the laundry closet, two hot water heaters (one for each bedroom), and modern ceiling fans. The A/C handler and condenser were replaced in 2019, ensuring your comfort year-round. Luxury Vinyl Laminate floors throughout entire unit. While some updates may be needed, this condo is priced below market value, giving you the opportunity to customize and create your dream home. Choose the finishes and upgrades that reflect your personal style and taste. Situated in a prime location just minutes from Treasure Bay Golf and Tennis, you’ll have access to a 9-hole executive golf course, tennis courts, pickleball, and picnic areas. The renowned Treasure Island Beach is close by, offering endless fun and relaxation. Enjoy amazing restaurants, shopping, and the vibrant local scene. Conveniently located just 30 to 40 minutes from Tampa International Airport, traveling is a breeze. Whether you’re heading out for a business trip or a vacation, you’ll appreciate the easy access to major travel routes. This waterfront condo is more than just a home; it’s a lifestyle. Embrace the beauty, comfort, and convenience of coastal living. OWNER MOTIVATED! Excellent Opportunity!

Features

  • Elevator: Y
  • Heating: Electric
  • Cooling: Central Air
  • Levels: 7
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Closet
  • Complex: TREASURE ISLAND TENNIS & YACHT CLUB
  • Year Built: 1974
  • Approx Sq. Feet: 1,308
  • Acreage: 1
  • Est. Taxes: $1,764
  • Condo Fee: $832 Monthly
  • View: Water
  • Elem. School: Azalea Elementary-PN
  • Middle School: Azalea Middle-PN
  • High School: Boca Ciega High-PN
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Disposal, Dryer, Ice Maker, Range, Refrigerator, Washer
  • MLS#: U8248541
  • Days on Market: 125 days
  • Website: https://www.raveis.com
    /prop/U8248541/500treasureislandcauseway_treasureisland_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 11/21/2024 11:07:43 PM)
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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:

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Our Insurance Division:

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500 Treasure Island CAUSEWAY, #511, Treasure Island, FL, 33706

$305,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $244,000 $244,000 $244,000
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 7.477% 7.159% 6.296%
Monthly Tax Payment $147 $147 $147
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,623 $1,622 $2,058
Total Monthly Payment $1,845 $1,844 $2,280

* 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.