*All Age Condo** This beautiful 2-bedroom, 2-bathroom condo is part of a 54 unit community. Perfectly located in Largo it stayed high and dry during recent storms! This turn-key ready home features a lovely kitchen with tons of counter and storage space for all of your appliances. There are brand new ceiling fans throughout. The entire condo was freshly painted a month ago. Floor plan offers an open living space, a galley kitchen, a dinette area, and a spacious enclosed Florida room, with storage area, that could serve as an office or extra sleeping area. The hall bath was fully renovated last year. Sellers put in new hurricane-impact windows in 2019 ($11K) to provide peace of mind and quiet from any outdoor noise. Ideal for investors, snowbirds, or anyone looking to secure a fantastic property, this condo is PRICED TO SELL! This condo is long-term rental-friendly with no prior ownership. Condo amenities include assigned covered parking, street parking, and an on-floor laundry room. Town Arms is a welcoming community with low fees that cover gas for the water heater, and stove. Water, sewer and trash are also included in the COA fee. Association approval required ($100 application fee per adult); sorry, no pets. Located in a NO-FLOOD and NO-EVACUATION zone, this all-ages community is less than 6 miles to the beach and close to Largo Central Park, dining, shopping, public transportation, medical facilities, and the soon-to-be-completed Largo City Hall. Conveniently, Tampa International Airport is 22 miles away, and St. Pete-Clearwater Airport is just 7 miles.
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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 | $111,920 | $111,920 | $111,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.474% | 7.282% | 6.412 |
Monthly Tax Payment | $145 | $145 | $145 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $773 | $754 | $952 |
Total Monthly Payment | $993 | $974 | $1,172 |
* 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.