Welcome to Pelican Cove at 5205 Covesound Way in the MiraBay!
Experience the perfect combination of modern upgrades, stunning waterfront views, and Florida charm in this beautifully updated 3-bedroom, 2-bathroom, 1, 888 sq. ft. home. Situated on the MiraBay Lagoon, this home offers breathtaking panoramic views, access to Tampa Bay, and premium features designed for both relaxation and entertaining.
This home features a custom pool with a soaking ledge and waterfall, perfectly positioned to capture views of the 135-acre lagoon. The lanai has a panoramic screen design that enhances the connection to the gorgeous waterfront while maintaining an open and airy ambiance. The fully renovated kitchen includes granite countertops, stainless steel appliances, and a walk-in pantry. Wood-look porcelain flooring runs throughout most of the home, with lush carpet in the master bedroom. Design elements such as tray ceilings, crown molding, and custom plantation shutters add a touch of elegance to every room.
The outdoor spaces are equally impressive, with covered front and back porches featuring custom wood plank ceilings, a fully fenced yard with mature landscaping, and a private dock with a boat lift, offering direct access to Tampa Bay. The roof, installed in October 2021, is provides peace of mind. EIGHT STORM IMPACT IMPACT WINDOWS WERE INSTALLED TO THE REAR OF HOUSE IN 2022, while the remaining windows and the front door are equipped with custom armor shields. The driveway, patios, and walkways are upgraded with pavers rather than standard concrete for a refined look.
The home is equipped with an HVAC system replaced in 2018 and a water heater and water softener installed approximately 5 to 6 years ago. Located in the highly desirable MiraBay community, residents enjoy resort-style amenities, including a clubhouse, café, resort pools, tennis, basketball, and pickleball courts, as well as a 24-hour fitness center.
This home offers modern updates, stunning lagoon views, and access to world-class amenities. Schedule your private showing today and discover why 5205 Covesound Way is the perfect place to enjoy the best of Florida living.
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Our Executive Mortgage Banker:
Our Insurance Division:
$899,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $719,200 | $719,200 | $719,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.200% | 6.748% | 6.786% |
Monthly Tax Payment | $1,175 | $1,175 | $1,175 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,785 | $4,605 | $6,315 |
Total Monthly Payment | $6,052 | $5,872 | $7,582 |
* 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.