Paradise Found! You will not want to miss the opportunity to own this completely updated, fully furnished 900 square foot, one bedroom, one and half bath condo in the gated community of Bay Islands. This condo is turn-key & a great value! From the moment you drive through the guard gate & travel down the palm tree lined road. . you know you are “home”. The kitchen was completely redesigned and redone in 2021 with new stainless-steel appliances, new cabinets & countertops plus recessed lighting and decorative backsplash. The living & dining area is spacious with views looking towards the bay and downtown St. Pete. The a/c system was replaced in 2023 & the water heater was upgraded to a 50-gallon tank in 2018. This unit has impact doors and windows that were done in 2017. The entire unit was repainted in 2021 & the electrical outlets were also updated to code. The primary bedroom is a very nice size & has its own ensuite bath. For guests there is a convertible couch on the enclosed porch. The Ambassador building is perfectly situated next to one of the six pools on property with heated spa – steps away are the marina, tiki huts, and the fantastic recreational facilities of the immaculate and social neighborhood of Bay Islands, a 55+ community. Ambassador building has its own private lobby and gated door to the elevators and mailbox area. This unit comes with 1 assigned carport. This community offers a fantastic active lifestyle with a never-ending calendar full of activities or relax, either way it is a great place. The property boasts 6 pools, full gym, clubhouse, tennis courts, boat docks on 1st come basis & a 1. 25 mile walk around the entire complex. Bay Island is Florida Living at its finest! Minutes to award winning beaches, the exciting vibe of downtown St Petersburg and Tampa Bay Rays baseball in the Tropicana Dome. 20 minutes to Tampa Intl Airport, Tampa Bay Buccaneers and the Stanley Cup Tampa Bay Lightning. A big plus is there is a SunRunner bus stop right outside of the community that will bring you to St. Pete Beach or to downtown St. Pete. This community is centrally located and close to shopping and restaurants. Book your appointment to see this wonderful condo today!
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $160,000 | $160,000 | $160,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $288 | $288 | $288 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,064 | $1,051 | $1,349 |
Total Monthly Payment | $1,427 | $1,414 | $1,712 |
* 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.