NO DAMAGE FROM HURRICANE HELENE OR MILTON. ELEVATED single-level living. FORTIFIED GOLD construction. SOLID BLOCK throughout. WHOLE HOUSE natural gas GENERATOR. Private ELEVATOR. Elegance and resilience. HIGH AND DRY --- A rare opportunity in Marina Bay – a stunning builder’s 2020 end-unit model home has come on the market! Have you been dreaming of living in a beautiful, easy-to-maintain Mediterranean townhome, just minutes from both the beaches for which St. Pete is famous and our vibrant downtown? Imagine having the freedom to come and go as you please, knowing that your home is nestled securely in a gated and welcoming community. Welcome to 18A Franklin Court S. in Marina Bay, a 60-acre tropical oasis on the shores of Boca Ciega Bay. This community is renowned not only for its resort-like grounds but also for its construction to the highest building standards in Pinellas County. This gorgeous 2, 574-square-foot, three-bedroom, two-and-a-half-bath home features an open floor plan, a private elevator, dramatic 10-foot vaulted ceilings, custom blinds, impact windows and sliders, whole-home central vacuum system with in-wall tubing, and a 22kW Generac natural gas generator for the ultimate peace of mind. The gourmet chef's kitchen is designed for entertaining, with its upgraded decorative trim cabinetry, Samsung appliances, a large center island with custom pendant lighting, and a spacious walk-in custom pantry. The secluded owner's suite is a true embodiment of comfort and elegance, featuring tray ceilings, a large walk-in custom closet, an ensuite bath with dual vanities, high-end fixtures, including a freestanding soaking tub, and a spacious tiled walk-in shower. The two lanais are upgraded with custom ceilings, ceiling fans, and lighting. There is a climate-controlled bonus office and media room leading to the lower lanai. Additional upgrades to this already upgraded builder’s model home include dual mini-split systems for the lower level, decorative wainscoting, a six-filter whole house filtration system, louvered shutters, power shades on all sliders, blinds on lower-level windows, and custom closets throughout. The living accommodations are on one level and served by a private elevator accessed from the nearly 2, 600-square-foot garage. This home was designed and built to FORTIFIED Gold standards, the highest level of standard and method given by the Insurance Institute for Business & Home Safety (IBHS). This superior resilient construction far exceeds building codes and features impact and pressure-rated windows, sliders, entry doors, and garage doors. The engineered roof-to-wall connections, story-to-story connections, and wall-to-foundation connections create a singular, solid structure that offers maximum protection. Marina Bay is the only development in Pinellas County with fortified-quality all-block construction and foam insulation for energy efficiency. The beauty of this extraordinary home is enhanced by lush tropical landscaping with flowering trees and palms. Additional amenities include two pools, two spas, a fitness center, a community clubhouse, and a fishing pier adjacent to the docks. Deepwater boat slips are available for sale. A pet-friendly community, Marina Bay is a mere 10 minutes from downtown St. Pete and a short bike ride along the protected bike paths of Pinellas Trail to Pass-a-Grille and St. Pete beaches. Start your next chapter at 18A Franklin Court South.
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Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $1,399,200 | $1,399,200 | $1,399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.750% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.282% | 6.864% | 6.810% |
Monthly Tax Payment | $1,478 | $1,478 | $1,478 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $8,959 | $9,075 | $12,285 |
Total Monthly Payment | $10,562 | $10,678 | $13,888 |
* 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.