Embrace the Ultimate Waterfront Lifestyle in Bay Island’s 55+ Community! This stunning 2-bedroom, 2-bathroom 1st-floor corner unit offers the best of Florida living. Situated in the gorgeous Bay Island waterfront community, you'll love gazing at the water from your screened-in back porch or enjoying the community grilling area just steps from your door. Venture outside your sliding glass door to a scenic 1. 5-mile boardwalk along the water—perfect for a morning stroll or an evening walk. Impressive amenities include tennis courts, pickleball, shuffleboard, a library, multiple pools, spas, and a lively clubhouse featuring a dance floor, stage, and table seating for community events. The association fee covers the security gate, cable TV, internet, water, sewer, trash, full access to the amenity center and more! Bay Island hosts a variety of activities like yoga, bingo, and social events, making it easy to meet new neighbors and enjoy the vibrant community. Prime Location: Only minutes to St. Pete Beach, with Downtown St. Pete a quick 15-minute drive. Tampa and St. Pete/Clearwater International Airports are both just 40 minutes away, making travel a breeze. Don’t miss your chance to live in this charming, amenity-packed community with everything you need right at your doorstep!
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Our Executive Mortgage Banker:
Our Insurance Division:
$335,000
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 | $268,000 | $268,000 | $268,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $94 | $94 | $94 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,851 | $1,781 | $2,260 |
Total Monthly Payment | $2,020 | $1,950 | $2,429 |
* 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.