Under contract-accepting backup offers. Completely renovated and well appointed condo in a serene upscale neighborhood, a quiet and safe area to walk and ride bikes, just mere minutes to downtown St. Pete, dining and beautiful waterfront parks, located in between Shoreacres and Snell Isle, the two highly sought after areas. This 2 bedroom, 1 bathroom corner unit offers everything you could want of Florida living or vacationing. Enjoy the tranquil view of Lake Overlook from your balcony, only a few 2 bedroom units in the building have balconies and the view. The kitchen has a functional layout with a pantry and breakfast bar, the wall has been removed to allow for an expansive open floor plan from front to rear. Updates include: newer flooring, double pane hurricane proof window & balcony door 2017, a stunning remodeled kitchen with granite countertops, canned lights, stainless steel appliances, new refrigerator and disposal, dishwasher and stove 2016, Washer&Dryer 2024, Water heater 2023, AC handler is 2018, fully renovated bathroom with walk-in shower, beautifully textured ceilings throughout. Master bedroom has a large walk-in closet. The spacious & bright 2nd bedroom can serve as the perfect getaway guest room or home office. Condo amenities include a beautiful pool overlooking the lake, a common leisure lounge with restroom, secure bicycle storage, new high-tech security system with cameras that cover the entire property, laundry facilities on every floor, and an elevator in the building. The condo has 2 reserved assigned parking lots. HOA fees cover: water, sewer, trash, building insurance and building flood insurance and maintenance. Building passed milestone structural inspection phase I, structural integrity reserve study completed. According to reports: no phase II Milestone inspection is required; as of Jan 2024 reserves are fully funded. Milestone structural inspection report and structural integrity reserve study available upon request. This is an all age, investor friendly community, no years to own prior to lease. One dog under 20lbs or two cats are welcome. Close to 4th St N shopping, and I-275, only 30 minutes to two international Airports, Islander market, a local convenience store is just steps away.
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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% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $54 | $54 | $54 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $985 | $984 | $1,269 |
Total Monthly Payment | $1,114 | $1,113 | $1,398 |
* 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.