Welcome to the one of the larger 2 bed 2 bath first floor condos in Bay Island. Conveniently located beautiful waterfront community located in South Pasadena just a stone's throw from St Pete Beach. This bright and open condo was a 3 bedroom but the previous owner decided to make the 3rd bedroom into a dining area/office space. It could be changed back to a 3rd bedroom or used as an office space. It is flexible for your needs. Beautiful hardwood flooring throughout the Living and Dining space. New Water heater just installed and disposal 1 year old. Walls have been sanded and primed and are ready for you to paint your own colors! Washer/Dryer is in the primary bath. Primary bedroom is bright with a water view and has a walk-in closet with a shelving organizer installed. There are storm shutters. Sit on the screened in porch and watch the sunrise with your coffee or tea. Short walk to the closest pool and your covered parking space. There is plenty of guest parking. Condo could use some updates to make it your own. 2 small pets are allowed (1 dog up to 15lbs). Bay Island has so many amenities. There is a 1. 5 mile waterfront walking path that you can take a casual stroll around. Play tennis, pickleball, pool, cards or swim in one of the 6 community pools. There are several bbq grills for your use with an outdoor waterfront seating area with Tiki huts to give that Tropical feel. There is a gym in the main recreation building, along with a reading/game room, card, ping pong tables and a billiards room. Upstairs is a large meeting/social room for various events. There is a little beverage area where you can play darts. Bay Island is a very social community with events throughout the year. 24 hour gated community located just minutes from St Pete Beach and Treasure Island. Hop on the Sun Runner to downtown St Pete or over to the most beautiful beaches. Plenty of shopping and restaurants located close by. Condo had small water intrusion from Hurricane Helene (from parking lot not Bay) but nothing from Milton. Condo sits back far from waterfront. Not damage to carport. Great opportunity to make this condo your own!!
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $268,000 | $268,000 | $268,000 |
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 | 7.563% | 7.159% | 6.276% |
Monthly Tax Payment | $96 | $96 | $96 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,783 | $1,781 | $2,260 |
Total Monthly Payment | $1,954 | $1,952 | $2,431 |
* 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.