Under contract-accepting backup offers. Beautiful breathtaking panoramic views from this top 16th floor 2 BR 2 BA condominium--relax with morning coffee on your balcony and enjoy stunning sunsets over the Gulf with a glass of wine. The protection of hurricane shutters permitted 1609 to weather the recent storms without any water intrusion (nor did the building, due to its elevation). This all-ages community passed the Milestone Inspection without issue, as well as the SIRS. No special assessments are anticipated. Seller has used for vacations only a few weeks each year. Water
heater was new in 2021, and the electric panel was replaced in 2024. Laundry hookups are located in the kitchen utility closet. The flooring is attractive wood-look vinyl plank. This unit is the perfect one for you to renovate and make it your own. External storage is located close by on same floor. Modern laundry room available on the first floor. Covered carport space (S-35) plus ample guest parking. Chateau Tower boasts a convenient South Pasadena location close to all—a short walk to Publix, Village Wal-Mart, restaurants, banks, hardware, public
tennis, and the new SunRunner Bus public transportation. Tower owners enjoy lounging by the heated pool and hot tub or enjoying a relaxing break in the steam room or sauna. Other amenities include a fully equipped fitness center, lounge areas with wide screen TV’s, game room with pool table and ping-pong, meeting space, library, dining rooms, kitchen, party room and onsite property management office. Bordering the waterfront on a picture-perfect lagoon leading to the bay, it's an ideal place to launch your kayak or paddle board for fun and adventure. There's even kayak/paddle board storage and launch area to make it easy to enjoy. Take advantage of the nearby serenity of Galatea Park, tennis courts and play area all facilities provided by the City of South Pasadena. No car needed - ride the new rapid Sun Runner Bus service from “the Beach to the Burg. ” Chateau Tower is within minutes of the #1 rated Trip Advisor beach, shops and restaurants, vibrant downtown St. Petersburg, and the new Pier, plus championship baseball, football and hockey teams. Tampa Intl Airport is only 30 minutes away, and Busch Gardens and Disneyworld are nearby. This is a world class condo in a world class, all ages community.
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William Raveis Mortgage, LLC
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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 | $332,000 | $332,000 | $332,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $398 | $398 | $398 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,237 | $2,207 | $2,800 |
Total Monthly Payment | $2,710 | $2,680 | $3,273 |
* 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.