HUGE PRICE IMPROVEMENT BELOW APPRAISAL. Seeking serious cash buyers for a quick closing, the seller is relocating and motivated to liquidate promptly. The condo is vacant and easy to view on the same day. The vacation destination condo at the magnificent waterfront Boca Ciega Resort & Marina offers plenty of profit and possibilities. There are no rental restrictions; we provide daily, weekly, and monthly resort accommodations, maximizing unit rental income for investors. This popular Boca Ciega Resort & Marina waterfront getaway offers everything as a turnkey unit that can generate income to pay for itself and vacation for free for seasonal owners and investors. This beautiful end unit includes an extra window for more natural light, offering a fully furnished 1 large bedroom, 1 full bathroom, a fully equipped kitchen, a full-size washer/dryer, a pantry closet, and a large covered porch with stunning water views. This lovely end unit has an assigned underneath parking space P-9, which is a tremendous value and benefit for owners/renters. The resort amenities include a sparkling temperature-controlled pool, hot tub, fishing pier, BBQ area, kayak storage, gym, restroom on the 2nd floor, and a pet-friendly complex. Just steps away from Doc's Ford, a waterfront casual destination to enjoy seafood, cocktails, and entertainment, with spectacular sunsets. Easy access to the Gulf beaches: Madeira Beach & John Pass Village are just 5 minutes away, and the Pinellas Trails are across the street. Here, you'll find public docks, boat ramps, many specialty shops, restaurants, and family-friendly water sports activities to enjoy.
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Our Executive Mortgage Banker:
Our Insurance Division:
$299,000
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 | $239,200 | $239,200 | $239,200 |
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 | $342 | $342 | $342 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,632 | $1,590 | $2,035 |
Total Monthly Payment | $2,049 | $2,007 | $2,452 |
* 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.