Indulge in waterfront living at Kipps Colony condominiums in Pasadena Yacht & Country Club! This wonderful unit DID NOT SUSTAIN ANY DAMAGE FROM THE STORM and ready for immediate occupancy. You'll be impressed with the water views the moment you enter from the walls of floor to ceiling sliding doors to the expansive balcony creating a seamless flow to the fabulous waterfront balcony which expands the already spacious 1980 SQFT 2BR/ 2BA floor plan. This versatile great room layout was designed with plenty of room to add an optional 3rd bedroom and bath. The kitchen boasts solid wood cabinetry with full extension and soft close drawers, stainless steel appliances, and gleaming granite counters. The roomy waterfront primary suite offers a private sanctuary with two walk-in closets, a separate vanity, and an updated en-suite bath complete with a large walk-in shower, modern quartz countertops, and dual sinks. The 2nd bedroom features a private foyer from the family room, creating privacy while still providing en-suite bath access. Kipps Colony is a pet friendly community allowing for 2 pets up to 25lb each. Additional Notable features include the recently replaced A/C (2022), accordion hurricane shutters for all windows/doors on the waterfront balcony, and remote control window treatments for all west-facing windows. Buyers have an opportunity to bypass the waitlist and join the exclusive Pasadena Yacht and Country Club, which offers fitness facilities, a waterfront heated lap pool, a deep-water marina, tennis & pickle ball courts, and a variety of dining options. Kipps Colony condos are nestled in the only gated, golf course, and waterfront community in the area, just minutes from the 2022 #1 beach in the nation and a convenient 30-minute drive to Tampa International Airport. Whether you're seeking a permanent residence or a vacation home, this location caters to both preferences! This association has completed the milestone report and we will happily supply a copy upon request.
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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 | $580,000 | $580,000 | $580,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $1,032 | $1,032 | $1,032 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,957 | $3,855 | $4,973 |
Total Monthly Payment | $5,081 | $4,979 | $6,097 |
* 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.