The Grand Venezia at Baywatch is a gated waterfront condominium community off US 19 and Belleair Road on Old Tampa Bay. This 2 bedroom 2 bath with 10x11 bonus area is a first floor furnished corner unit with parking in front of Garage 61 (adjacent to the unit) and conveniently located next to the clubhouse, pool and spa. This unit may be leased for a 4-month short term rental at $3450/month which includes sales tax and an allowance for utilities of $308. 50 per month. For a 12 month lease the rate is $2700/month and with a $100 water allowance for two occupants. Bedroom furniture is approximately 2 years old; living room furniture was purchased late last Fall with new sofa/couch, new tables and table lamps and new wall anchored TV's. The Association requires Board of Director approval through a third party online service. The Association requires a refundable $300 move in fee that is released once the Association inspects the common areas and determines no damage has occurred during the move-in. Community amenities feature a 24-hour attended guard pavilion; 9000 sf indoor/outdoor social and recreational villa (clubhouse, pool & spa plus pool decking area with chaise lounges, umbrella tables with 4 chairs and cabanas); 24-hour fully equipped health and fitness spa, sauna, business center/conference room; 1 1/2 mile lighted waterfront promenade; lighted tennis court; sand volleyball court, playground, BBQ grills and picnic areas, care care center with wash ad vacuum and beautifully landscaped tropical grounds. Call to schedule your private viewing.
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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 | $2,760 | $2,760 | $2,760 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $18 | $18 | $24 |
Total Monthly Payment | $93 | $93 | $99 |
* 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.