600 71st AVENUE, #17, St Pete Beach, FL, 33706 | $349,000

Come and experience the tropical waves at Waves 600 in St. Pete Beach. Picture the thrill of informing your friends that you've just acquired a beach rental at one of America’s top-rated beaches, or spontaneously heading to the Gulf of Mexico for a last-minute trip and having a place to call your own. This building comprises 19 units designated for vacation rentals. Renting out your condo is welcomed with a minimum rental period of 3 days, allowing for up to 121 rentals per year. There's no requirement to own for a minimum duration before utilizing it as a rental property. The condo is conveniently located a mere 5-minute walk from Upham Beach on the north end of St. Pete Beach. If you prefer not to rent a car, you can have an Uber drop you off at the condo, or utilize designated parking space #17, which can accommodate two compact cars in tandem. You’ll find an abundance of restaurants, beach bars, shopping outlets, and entertainment options nearby. Whether you want to bask in the sun on the white sands of the Gulf or engage in thrilling activities like parasailing, paddleboarding, kayaking, and jet skiing, you can enjoy the full beach experience. Unit #17 is situated in one of the best locations in the building: the top floor with no unit above, offering a pleasant view of the pool without being directly adjacent to it. It comes fully furnished with a queen sofa bed, lounger love seat, kitchen table, barstools, king bed, large dresser, stackable washer and dryer in bedroom closet, dishware, and kitchen appliances. The artwork and wooden antique chair in the living room does not convey with the purchase. Unlike some rental units in the area, this condo has its own washer and dryer, enhancing its appeal to vacationers. Additionally, the condo features four closets, including a private keypad-locked storage space for owners. The living room closet is perfect for storing beach equipment. Recent upgrades within the past three years include a Trane A/C, water heater, Eaton electrical panel, all light fixtures including new recessed lighting, matching rocker light switches, two modern white Hunter fans with remotes, recessed lighting in the living room and over the breakfast bar, microwave, kitchen faucet, bright white paint, retractable screen storm door, and custom blinds. The consistent tile flooring throughout the condo facilitates easy cleanup after sandy beach days. When you want a break from the beach, unwind by the beautifully maintained heated pool. The association has completed numerous upgrades in the past five years, including the resurfacing of the pool and a new roof in March 2024. Although the property is in a flood zone, the association covers flood insurance for the exterior of the building, and lenders do not require flood insurance for units on the second floor. Since the association owns the land, there are no additional land lease fees. With a reasonable monthly condo fee of $384 and an annual fee to the association for a 5. 7% share of the entire building's insurance costs, this property is an attractive investment opportunity for vacation rental ownership. The association covers the monthly costs of cable, internet, water, and trash. You only pay and keep track of the electric bill. How convenient. With an easy keypad system to get renters through the front door, it is ready for you to take ownership and start generating rental income. Contact your Realtor for a link to the virtual tour and a copy of the feature sheet.

Features

  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 2
  • Amenities: Gated, Laundry, Pool
  • Rooms: 5
  • Bedrooms: 1
  • Baths: 1 full
  • Laundry: Common Area, Electric Dryer Hookup, Inside, Laundry Closet, Washer Hookup
  • Complex: WAVES THE CONDO
  • Year Built: 1970
  • Approx Sq. Feet: 566
  • Acreage: 0.46
  • Est. Taxes: $3,560
  • Condo Fee: $384 Monthly
  • Lot Desc: FloodZone, City Lot, Level
  • View: Pool
  • Pet Policy: No
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: U8234523
  • Days on Market: 55 days
  • Website: https://www.raveis.com
    /prop/U8234523/60071stavenue_stpetebeach_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 7/6/2024 2:59:22 AM)
Listing courtesy of CHARLES RUTENBERG REALTY INC   Phone: 727-538-9200

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

600 71st AVENUE, #17, St Pete Beach, FL, 33706

$349,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

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 $279,200 $279,200 $279,200
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 7.815% 7.159% 6.538%
Monthly Tax Payment $297 $297 $297
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,858 $1,856 $2,394
Total Monthly Payment $2,230 $2,228 $2,766

* 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.