Nestled on the pristine shoreline of Treasure Island, Florida, lies the exquisite Tropic Terrace Condominium Resort. With its prime location at the sandy edge of one of the largest beaches in the area, you can indulge in breathtaking views of the Gulf of Mexico and soak up the warmth of the Florida sun. This is a wonderful opportunity to have your very own beach condo for you to enjoy anytime you like and when you are not staying, your onsite property management team will take care of renting the condo out. This adorable fully furnished studio condo with a kitchenette and king bed has everything you need for a wonderful get away. This is a CO-OP and cash only purchase. One of the resort's key features is its proximity to the beach, with no streets to cross, just an endless expanse of open beaches stretching from the resort's all-season pool to the Gulf of Mexico. The sunsets here are a treat that leaves a lasting impression on all visitors. In addition to the mesmerizing views, guests can unwind in the resort's heated pool located in a lush tropical courtyard or sink into one of the comfortable lawn chairs facing the beach. Tropic Terrace also boasts a prime location on the Treasure Island boardwalk, providing guests with easy access to an array of shopping, restaurants, and the Johns Pass Fishing Village and Sloppy Joe's.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$349,900
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 | $279,920 | $279,920 | $279,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $287 | $287 | $287 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,701 | $1,701 | $2,212 |
Total Monthly Payment | $2,063 | $2,063 | $2,574 |
* 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.