Amazing opportunity to own this TURN KEY, Fully Furnished, 2/1 Remodeled Condo on 1st Floor, with RARE back patio & with lush courtyards throughout in the Tropical Waterfront Community of Boca Shores on the Boca Ciega Bay. Located minutes to #1 Rated beaches: St. Pete Beach, Treasure Island Beach, and Sunset Beach! This complex has boat slips that are first come first served for a monthly fee of $91 including water and electricity. Boats up to 32 feet are allowed. Come walk around the Beautifully landscaped tropical grounds which surround this community & be ready to take advantage of all the barbecue grills conveniently located all throughout the complex. Enjoy peaceful views of the Bay from the loungers & tables and watch as dolphins & manatees swim by while you unwind by the Heated Pool or take out your privately docked boat and be minutes to the Gulf and Pristine Beaches and Private Islands. Additionally Club House w/sauna & Fishing dock with a cleaning table is conveniently located by the boat slips for amazing catch a cook lunches (boats slips are first come first serve). Only blocks away are boat rentals, paddle boards, dolphin cruises, kayaks and almost any water-sport imaginable, or Stroll to historic Corey Ave where you will find specialty shops, arts and crafts, dining all day and into the evening as well as a fresh market on Sundays. Or hop a Trolley into downtown St. Petersburg, enjoy the new St Pete Pier, or peruse the Salvador Dali Museum and take in a Broadway play at the Mahaffey Theater of Performing Arts. On Beach Drive, you will find five star restaurants, shopping, entertainment, and gelato. Neighboring this property is Egan Park which has a Baseball Field, Tennis Court, Public Boat Ramp & Dog Run! Let this property Pay for itself, or enjoy this tropical oasis year round. Amazing investment opportunity, Airbnb/VRBO/Local Rates are $5000-6000/month as Vacation rental. Min 30-day Lease. Pet friendly Assoc allows for up to 2 dogs! HOA $670/monthly. Covers Sewer, Water, Trash Exterior Insurance, Cable, Internet and Maintenance! Bring your bathing suit, Boat and dog's & Be prepared to fall in love! PASSED MILESTONE INSPECTION*
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Our Executive Mortgage Banker:
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$339,999
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 | $271,999 | $271,999 | $271,999 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | $187 | $187 | $187 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,697 | $1,653 | $2,150 |
Total Monthly Payment | $1,959 | $1,915 | $2,412 |
* 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.