NO STORM DAMAGE! Incredibly rare opportunity to own a condo on St Pete Beach that allows SHORT TERM RENTALS! Come live the beach life full time or rent it out when you're not there! Gulf Winds is located directly on Upham Beach with stunning white sand, beautiful rock structures, and a walk up Bar and Grill! This unit is being sold FULLY FURNISHED! Updated waterproof vinyl plank flooring throughout, a full bedroom and bathroom, a pull out couch for additional occupancy, and a fully functioning kitchen. Tons of natural lighting surrounds this adorable condo inside. This unique unit has a large spacious front porch to use! This community features a stunning waterfront pool, shuffleboard courts, on-site laundry, community grills, and the monthly condo fee includes water, sewer, trash, cable, internet, and all grounds maintenance - so much included! Not only can you walk to the beach, but you can also walk to tons of shops and restaurants from this unit, the Corey Ave Sunday market, or live music venues. You can use the on-site property management company for hands-off convenience or you can manage it yourself for maximum income. This beautiful beach condo is an amazing opportunity!
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Our Executive Mortgage Banker:
Our Insurance Division:
$460,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $368,000 | $368,000 | $368,000 |
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 | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $333 | $333 | $333 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,448 | $2,446 | $3,103 |
Total Monthly Payment | $2,856 | $2,854 | $3,511 |
* 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.