Situated in a prime South Tampa location, just minutes from MacDill AFB, this gated 55+community offers stunning waterfront views of Old Tampa Bay. The home itself boasts over 1, 600 square feet of living space, featuring two bedrooms and two baths, along with a bonus third room that can serve as a bedroom, office, or den. The master suite is expansive, complete with an en suite bath and walk-in closet, offering a private retreat. The open floor plan of the living area is enhanced by vaulted ceilings, creating a bright and airy space perfect for entertaining. The kitchen is spacious, with a large breakfast bar that overlooks both the dining area and the huge living room. Additionally, the nearly 300-square-foot screened porch spans the length of the home, providing ample outdoor living space. For convenience, the home includes a deep driveway with tandem parking for multiple cars, as well as a one-car garage. Furnishings are optional, and the home can be purchased turnkey for those looking for a hassle-free move-in experience. The community itself offers a wealth of amenities designed to enhance the lifestyle of its residents. The spacious clubhouse is at the heart of social activities, housing exercise equipment, billiard tables, and a library. The clubhouse also features a full-sized commercial kitchen, ideal for hosting community events. For outdoor enjoyment, residents can relax in the heated pool, unwind in the bubbling hot spa, or take advantage of the premium shuffleboard courts and horseshoe pits. There are boat docks with a trailer storage area, as well as a kayak and canoe launch, catering to those who enjoy water activities. A picnic area provides a perfect spot for socializing or enjoying a quiet meal outdoors. For those who enjoy a vibrant community, there are numerous activities available, including line dancing, bingo, billiards, exercise classes, and organized leagues for golf and bowling. Fishing enthusiasts will also appreciate the community's fishing spots, offering a variety of ways to stay active and engaged. The streets of Regency Cove are lined with palms and beautifully maintained homes, creating a peaceful and welcoming atmosphere. The quiet, safe streets invite residents to enjoy leisurely walks, with well-lit paths leading to Sunset Point. This serene area is perfect for relaxing with neighbors on the benches and swings while taking in the breathtaking views of Old Tampa Bay. Regency Cove offers a perfect blend of spacious living, a thriving social environment, and luxurious amenities in a prime South Tampa location. It's an ideal place for anyone seeking a comfortable, active, and peaceful retirement community.
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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 | $308,000 | $308,000 | $308,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $232 | $232 | $232 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,049 | $2,047 | $2,641 |
Total Monthly Payment | $2,356 | $2,354 | $2,948 |
* 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.