Beautifully renovated, turn-key, 2bed 2bath waterfront condo in the highly sought after, over 55+ active lifestyle community of Bay Island Condominiums! This unit was not affected by the recent storms, as it is high and dry on the second floor! Unit 203 is a spacious and sunny 1, 230sf unit with tasteful Florida colors and decor. New vinyl plank flooring throughout the unit, new porcelain floors in the bathrooms, new hurricane impact windows throughout and hurricane impact slider on the spacious outdoor lanai, new refrigerator, new paint job, new butch block countertop and the beautiful morning sun lighting up the unit every morning of the year! Unit 203 faces east, so you don't get the hot afternoon sun in the warmer months but get to enjoy bright warm sunshine each morning while gazing out at water views of the Boca Ciega Bay and a landscaped, park-like setting from the comfort of your home. Great closet space in this unit, including a walk-in closet in the primary bedroom and an oversized closet in the 2nd bedroom. A storage closet is available on the same floor and the laundry room is clean, spacious and well maintained. A gated community with a 24-hour guarded gate for all entry. 6 heated pools and hot tubs, with bathrooms, numerous shuffleboard courts, tennis and pickleball courts. A clubhouse with gyms, saunas, billiards room with 9 pool tables, library, grilling area, marina, and community gathering space for functions. HOA fees include: TV/Internet, water, sewer, garbage, blanket insurance policy, property upkeep and all amenities! Close to shopping, entertainment, beaches, medical facilities and grocery stores. Bay Island Condos are all about living in a high quality, friendly and beautiful setting. Unit 203 is move-in ready and waiting for you!
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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 | $311,999 | $311,999 | $311,999 |
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 | $361 | $361 | $361 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,155 | $2,102 | $2,654 |
Total Monthly Payment | $2,591 | $2,538 | $3,090 |
* 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.