Welcome to this beautiful waterfront studio condo in the heart of the Sea Towers community! This 8th-floor
unit offers immaculate views of the Intracoastal Waterway and Gulf of Mexico, located
just minutes away from the stunning Madeira Beach! This studio features a kitchenette,
a full bathroom, and a spacious closet, providing all the essentials for a cozy waterfront living
experience. Step inside to discover brand new vinyl flooring throughout the large living
space. While the unit does need some updating, it presents an incredible opportunity for
those looking to invest in a thriving area, or someone looking for a part-time vacation home. The
possibilities are endless when it comes to customizing the space to your taste or
enhancing its appeal for rental income. The Sea Towers community is known for its
welcoming atmosphere and array of amenities, including pools, fitness facilities, tennis
courts, and social activities, making it a fantastic place to live or invest. Don’t miss out on
this chance to secure a piece of Florida paradise! Schedule your showing today and
start envisioning the potential this studio condo has to offer!
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:
$99,000
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 | $79,200 | $79,200 | $79,200 |
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 | $163 | $163 | $163 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $527 | $526 | $679 |
Total Monthly Payment | $765 | $764 | $917 |
* 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.