A SPACIOUS CONDO with panoramic WATER VIEWS of OLD TAMPA BAY at a great price! Monthly fee covers cable, internet, water, sewer, trash pickup, exterior building & landscaping maintenance. Currently owners only have to insure the inside of the condo at $400 a year. This condo comes with a private laundry/storage room, & 2 PARKING SPOTS (one of them covered). Upgrades include FRESH PAINT, NEW LIGHT FIXTURES & FAUCETS, remodeled BATHROOM, CUSTOM WINDOW BLINDS 2022; all HURRICANE IMPACT WINDOWS with a lifetime warranty 2019-2022; FRIDGE, STOVE, DISHWASHER, HVAC, MICROWAVE 2023, WATER HEATER 2024. Cove Cay is a gated community that offers 24/7 security for your protection, a heated pool & hot tub, shuffleboard courts, & a remodeled clubhouse featuring a full kitchen, pool table, TV, gym, sauna, and library. The rest of the community includes an 18-hole golf course (additional fees apply) with Pro Shop & a restaurant open to the public for golf and dining. The onsite marina has a boat ramp, and offers rentals for boats, kayaks, & paddle boards, water access, store with bait & tackle, drinks & more. Cove Cay is CENTRALLY LOCATED IN Clearwater between the Courtney Campbell Causeway & the Howard Frankland bridge, close to shopping, restaurants, St. Pete/Clearwater & Tampa airports, & the award-winning Clearwater Beach.
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.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$185,000
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 | $148,000 | $148,000 | $148,000 |
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 | 7.551% | 7.159% | 6.276% |
Monthly Tax Payment | $85 | $85 | $85 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $985 | $984 | $1,248 |
Total Monthly Payment | $1,145 | $1,144 | $1,408 |
* 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.