*Price Improvement* This fully furnished 1 bed, 1 bath condo in the serene 55+ community of Five Towns is a dream come true. With a picturesque pond view and brand new Edwin's vinyl plank flooring throughout, this cozy abode is ready for you to move in and start living the good life. Situated near the elevator for convenience, this unit also offers extra storage and laundry facilities. Experience the beauty of a Florida thunderstorm from the safety of your vinyl enclosed balcony, or from the patio furniture outside your front door for a relaxing retreat. The spacious bedroom provides ample storage, while the bathroom features a modern hexagonal style floor, updated vanity, and taps in the bathtub. The kitchen shines with Corian counters, a new sink and garbage disposal, and newly replaced water shut off valves. Includes designated parking space #42. The Milestone of this building has been completed, and a copy can be provided for any serious buyers. Owners have fully paid the assessment towards the roof, making this a worry-free investment. Cash offers only, and buyers must sign a "Letter of Intent to Reside" to secure this remarkable property. Just bring your toothbrush and get ready to call this condo your new home sweet home!
This property features gas hot water maintained by the building, ensuring convenience and comfort for residents. Five Towns is undergoing renovations to enhance its amenities, adding even more value to these properties. Located just a short drive away from Publix, banking, restaurants, and shopping, as well as being only 10 minutes from the beach and 20 minutes from downtown St. Pete, this property offers the perfect combination of convenience and leisure. Five Towns spans 111 acres and boasts 9 ponds, 6 pools, a hot tub, outdoor kitchen style gazebos, tennis courts, shuffleboard courts, horseshoe, bocce ball, and 2 clubhouses with a plethora of activities and events happening daily. Join the vibrant 55+ community in St. Pete and discover a new life filled with enjoyment and relaxation. Don't miss out on this opportunity - come see what your future could hold today! Buyer to verify all listing information.
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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 | $124,000 | $124,000 | $124,000 |
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 | $151 | $151 | $151 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $856 | $835 | $1,055 |
Total Monthly Payment | $1,082 | $1,061 | $1,281 |
* 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.