WOW! One of the best values presently on the market at OTOW; must be seen to fully appreciate. A beautifully updated, large 2 bedroom, 2. 5 bath condo now available on the West Side of OTOW. It boasts 1740 square feet of space, crown molding, many lovely and functional improvements (including granite countertops, stainless steel appliances and more), and has a wonderful water view from the Florida room and primary bedroom windows. It comes with a private, approved laundry room and newer hot water heater (10/21) and AC (9/21). Unit has hurricane impact windows already installed. It is the perfect distance from the elevator (not right next to it, but not far away) and offers the privacy and wonderful view of the third floor. (And no one walking on the floor above you!) Pricing of $292, 000 for 1740 square feet of space makes this one of the very best values at OTOW. Move in ready and available for living your best life in Florida.
OTOW offers the security and comfort of being situated on one of the highest points in Pinellas County, safe from any potential storm surge. The buildings are made of concrete, built to withstand hurricane winds, and the Milestone Study has been completed with no need for Phase II. Additionally, OTOW has a long history of careful budgeting, resulting in NO special assessments during its four-decade history.
The 55+ community has two activity centers, and two private golf courses with 9 and 18 holes, free exclusively for resident owners. There are two heated swimming pools. The spacious, remodeled cardio gym has the latest exercise equipment, including treadmills and bikes. OTOW is a very pet-friendly community, and a fenced dog park is available on the West Side. Association activities include swimming, fitness classes, dancing, clubs, cards, billiards, entertainment, educational classes, tennis, pickleball, and much more. Close to beaches, transportation, shopping, entertainment, and dining.
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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Our Executive Mortgage Banker:
Our Insurance Division:
$291,500
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 | $233,200 | $233,200 | $233,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $26 | $26 | $26 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,611 | $1,571 | $1,984 |
Total Monthly Payment | $1,712 | $1,672 | $2,085 |
* 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.