One or more photo(s) has been virtually staged. Under Construction. This property is offered for sale of individual or multiple pre-construction units of 9 luxury townhome residences. This property stayed high and dry during all 2024 storms (i. e. , Debbie, Helene and Milton). No flood zone. These exquisite 3/2. 5 Bedroom turn-key homes with strong income potential are nestled in a prime location just 1/2 mile from the beaches (along with public parking access that's available and easy), this property is a quick 10 minute walk or 1 minute drive from the pristine, internationally ranked beaches of Florida's central gulf coast. This elegant property offers the perfect blend of luxurious living and lucrative income opportunity with no rental restrictions. It's also gratifying that these residences hold the strongest zone rating for optimized mitigation/insulation from flood insurance requirements that offers owners strong confidence and comfort that their asset is well protected against the harmful/riskiest exposure to storms. With 3 spacious bedrooms, 2 full baths, and 1 half bath, this home boasts a harmonious balance between comfort and functionality. With 9 foot volume ceilings and graced with an abundance of natural light, this home conveys only the finest in lifestyle luxury. For car enthusiasts, a thoughtfully designed two-car garage offers secure parking and ample storage space, ensuring your vehicles are secure and protected. Bedrooms and the primary bath is blessed with only the finest finishes, a spacious walk-in shower, and dual vanities. Additional bedrooms may also be used as guest rooms, home office, or any adapted use that suits your needs. Additionally, the builder took great care and pride to construct these attractive residences with strong, solid block construction on all floors and installed highly rated ESW windows and doors that provide optimum protection and safeguards against storms and/or any other potential natural element. Unlock the potential for strong income streams through rental opportunities with no minimum restrictions, capitalizing on the property's sought-after location and impressive amenities. Situated in proximity to a vibrant array of shopping, dining, and entertainment options, you'll experience the true essence of convenience and luxury living. This property's strategic location provides quick and easy access to not only silky sand beaches, but also the heart of St. Petersburg's downtown, as well as other lively metropolitan areas, Disney/Universal entertainment venues, arts, concerts, shows and an award winning international airport all within a short drive, opening doors to a world of exploration and adventure. Seize the opportunity to own a piece of sophistication, convenience, and income potential in this remarkable dwelling that encapsulates the essence of upscale living.
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$699,000
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 | $559,200 | $559,200 | $559,200 |
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 | $342 | $342 | $342 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,627 | $3,581 | $4,644 |
Total Monthly Payment | $4,061 | $4,015 | $5,078 |
* 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.