Welcome to Culbreath Key, a South Tampa waterfront community offering the perfect blend of tranquility and amenities for the Florida lifestyle you've always dreamed. This unique one-bedroom, one-bathroom unit is designed like a corner unit townhome, providing the privacy of no downstairs or upstairs neighbors. Enjoy the rare luxury for an attached garage on the ground floor, making access a breeze and keeping you elevated!
Step inside to discover an open living room to kitchen concept with water views from the living room, kitchen, and from your own screened balcony. Oversized primary bedroom with spacious walk in closet and an ensuite bathroom that is accessible to living room as well. Recent community enhancements include a brand-new barrel tile roof on all buildings, along with upgraded decking for the boardwalk and boat slips, ensuring a worry-free lifestyle.
Culbreath Key is centrally located, offering easy access to both downtown Tampa and downtown St. Pete, as well as a variety of nearby amenities. This property also presents an excellent opportunity as a long-term rental investment, with a minimum lease period required, but no ownership period required prior to leasing, ensuring a stable and consistent rental income.
This is a rare opportunity to buy under market value and transform this unit into the home it deserves to be. Don't miss out on making this waterfront gem your own!
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:
$275,000
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 | $220,000 | $220,000 | $220,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.159% | 6.518% |
Monthly Tax Payment | $276 | $276 | $276 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,501 | $1,462 | $1,886 |
Total Monthly Payment | $1,852 | $1,813 | $2,237 |
* 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.