Hurricane Resilient!! No damage or roof leaks from 2 recent major hurricanes. Stay high and dry in this stunning 2-bedroom, 2-bathroom 1, 765-square-foot corner unit penthouse with luxury upgrades, beautiful views, & unbeatable value located in the highly coveted Terrace Park of Five Towns Community. This active 55+ community offers an array of resort-style amenities, including 5 heated swimming pools, tennis courts, bocce ball court, horseshoe pits, shuffleboard, and more. Enjoy multiple patios with shaded picnic areas for grilling. As well as two clubhouses with libraries, fitness centers, workout gyms, billiard rooms, and card rooms. The property includes free monthly pest control and upgraded outdoor lighting. This unit has peeking views of the Bayou and Intracoastal waters of North St. Petersburg; Located minutes away from Madeira Beach, Popular Tyrone Mall complete with many dining options and shopping, & is nestled within a beautifully manicured neighborhood with plenty of ponds, trees, and abundant natural gardens. This top-floor corner unit on the sixth floor has been gutted from top to bottom and meticulously remodeled with the finest craftsmanship. Complete with two balconies, a lanai area is perfect for an office or relaxation. This penthouse features many updates including a remodeled gourmet kitchen with marble countertops, soft-close modern cabinetry, new stainless steel appliances with a natural gas stove, complete with bar top seating and accented lighting. Reverse Osmosis water system as well as water treatment for the dishwasher. New Hurricane windows and doors with new hardware throughout, crown molding & baseboards throughout. New porcelain tile throughout, extending into the Lanai area as well. New electric dimmers, switches, plugs, & cell phone plugs throughout. Upgraded bathrooms! The primary spa-like bathroom features dual vanities, a large walk-in shower with a dual waterfall shower system, a separate water closet with a bidet, including blue accent lighting when the shower is in use, and access to a walk-in closet. The guest bathroom also features a waterfall shower system & upgraded modern cabinetry. The laundry room within the unit features a new heavy-duty washer & dryer complete with plenty of storage & shelving. Commercial grade fire extinguishers within the unit, as well as freshly painted and textured ceiling and walls. No expense was spared when upgrading this unit to meet luxury standards! This a must-see property within a beautiful community, reach out today for a private showing!
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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 | $383,920 | $383,920 | $383,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.412% |
Monthly Tax Payment | $190 | $190 | $190 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,619 | $2,552 | $3,266 |
Total Monthly Payment | $2,884 | $2,817 | $3,531 |
* 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.