This is a rare and unique opportunity to own a desired one-level two-bedroom, two-bath condominium on the top floor of Townview Condominium in downtown St. Petersburg. This downtown oasis features 74 residences surrounding a beautiful park-like setting with mature trees and landscaping. Enjoy the luxury and convenience of having a gas barbecue grill as well as a large 40-by-20-foot heated swimming pool for year-round enjoyment only steps from your condominium. There are no other comparably priced buildings in downtown St. Pete that have a beautiful outdoor space like this for residents. This top-floor unit has two balconies facing south toward the downtown skyline, offering breathtaking views of Tampa Bay and the iconic pier to the east. You could easily watch the morning sunrise off Tampa Bay or see all the city lights at night from the comfort of your home. This is one of the six residences on the top floor, offering some of the best views of the city. This condominium has been tastefully renovated for the next owner. New luxury vinyl flooring has been laid throughout with exception of the new carpet in the bedrooms and all the popcorn ceilings have been removed. All new kitchen appliances were added as well as a new toilet, new water fixtures, new electrical outlets, new switches, and new LED lighting fixtures throughout; making this home completely move-in ready. The spacious primary bedroom includes a large walk-in closet with city views directly off your private balcony. Throughout 2021 and 2022, Townview underwent $1. 1 million in improvements and upgrades. At this time the entire building was rewired to provide high-speed internet through fiber optics to each unit and at the courtyard level. A new roof was installed as recently as 2023 without any added expense to each owner. Rest easy knowing this building is financially stable. Townview completed and passed the Milestone Inspection of the building in 2023 as well as the Structural Reserve Study in 2022. This condominium is just one block from Beach Drive and makes for an easy visit to all waterfront parks, restaurants, museums, shops and everything else downtown St. Petersburg has to offer.
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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 | $528,000 | $528,000 | $528,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.300% | 6.778% | 6.034% |
Monthly Tax Payment | $590 | $590 | $590 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,425 | $3,381 | $4,385 |
Total Monthly Payment | $4,107 | $4,063 | $5,067 |
* 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.