Under contract-accepting backup offers. HIGH and DRY on this newer construction condo on Davis Islands! This is a highly desirable opportunity to own an extraordinary residence in one of Davis Islands most coveted locations, The Islander Condominiums. This beautiful 4 story 11 unit boutique building was constructed in 2019 and this corner unit is spacious with 3 bedrooms, 3 baths and 2, 475 sq ft of living space. The condo residence is open concept with multiple spaces for living, dining, and cooking with modern finishes, 10’ ceilings, 2 RESERVED PARKING spaces, multiple balconies, plus a PERSONAL STORAGE room. The main living areas, master suite and guest bedroom include beautiful WIDE-PLANK porcelain tile flooring, 5 1/2” baseboards, 8’ solid core doors, recessed LED lighting and impact resistant low-e windows with custom shutters. The designer kitchen is accented with large QUARTZ countertops, solid wood raised panel cabinetry, polished chrome fixtures, stainless farmhouse sink, stainless appliances that include a GAS stove with floating hood. The oversized pantry has been outfitted with custom shelving, with additional space for the full-sized laundry room. No expense has been spared on the master suite which includes stone top vanities with solid wood cabinets, free-standing soaking tub, oversized zero-entry glass shower and polished chrome fixtures. The massive master closet has been fully customized as well. This unit has two large balconies, including one outfitted with gas for grilling. The entire building is security fob controlled with two reserved parking spaces located underneath the building. Located on an Island just outside of Downtown Tampa, this location has become the destination for professional athletes, executives and those who desire living within a walkable community. The Davis Islands community has all the amenities you could desire. Marjory Park Marina, Sandra Freedman Tennis Complex, Tampa General Hospital, Historic Roy Jenkins pool, Peter O Knight airport, public boat ramp, dog parks, walking trail and more. Central to the Islands is the Davis Islands Village, with multiple restaurants and shops. Additionally, located only minutes from Downtown Tampa, Water Street Sparkman Wharf and the Tampa Riverwalk, makes this neighborhood a City within the City. Additionally, this home is located in the A rated Gorrie Elementary, Wilson Middle School and Plant High School boundaries.
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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 | $1,236,000 | $1,236,000 | $1,236,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.762% | 6.036% |
Monthly Tax Payment | $1,207 | $1,207 | $1,207 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $7,914 | $7,914 | $10,852 |
Total Monthly Payment | $9,246 | $9,246 | $12,184 |
* 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.