**Incredible Opportunity – Motivated Seller Welcomes All Offers!**
Don’t miss this unique chance to own a beautifully updated first-floor condo in the Itopia Private Residences. Perfectly positioned in a gated community at the crossroads of St. Petersburg, Clearwater, and Tampa, this versatile condo is not only ideal for homeowners but offers excellent investment potential with a current annual lease in place, providing immediate rental income for savvy investors.
This spacious, move-in-ready gem has been meticulously designed with upgrades and thoughtful features throughout. Enjoy ample storage and convenience with high-end cabinets, a stacked washer/dryer setup with extra cabinetry, and sleek quartz countertops complemented by a stylish epoxy floor. The condo also includes a pet entrance in the patio door—an added perk for pet owners seeking ease and functionality.
The heart of this home lies in its open-concept kitchen, which has been fully remodeled to meet modern tastes and lifestyle needs. Brand-new Samsung stainless steel appliances, quartz countertops, a chic tiled backsplash, under-cabinet lighting and soft-close shaker cabinets combine to make this kitchen a true showstopper. Relax in a spa-inspired bathroom complete with shower jets and a luxurious rain shower, while the bedroom boasts custom closets designed with built-in drawers for optimal storage and organization.
**Investor’s Note: ** The community is well-situated for future capital improvements and management enhancements, making this condo a prime investment with room for appreciation in value. With a stable annual lessee, this property presents a seamless opportunity for investors to generate income right from closing.
This is truly a rare opportunity for both buyers and investors alike. The seller is highly motivated and will consider all reasonable offers, so act fast! Schedule a private viewing today and discover the unmatched value and potential of this remarkable condo.
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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 | $111,200 | $111,200 | $111,200 |
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 | $79 | $79 | $79 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $740 | $739 | $953 |
Total Monthly Payment | $894 | $893 | $1,107 |
* 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.