1860 Massachusetts AVENUE NE, #124, St. Petersburg, FL, 33703 | $84,900

This is an all age, investor friendly community, no years to own prior to lease. Lakefront condo in St. Petersburg Florida that sustained flood damage. Damaged drywall & materials have been removed and the HOA is actively obtaining permits to repair the unit. Responsibility for the renovations of the unit are covered by the HOA's flood insurance. This spacious first floor corner unit condo features 2 bedrooms, 1 bathroom and reserved parking very close to the unit. The Regency is a pet-friendly community and welcomes one dog under 20 lbs or two cats, making it perfect for pet owners. The building recently passed a structural inspection and has healthy reserves. Common area laundry on each floor for convenience. The HOA fee includes water, sewer, trash, building insurance, flood insurance, and exterior maintenance. Building passed milestone structural inspection phase I, structural integrity reserve study completed. Cash only due to the current condition of unit.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 1
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 1 full
  • Laundry: Other
  • Complex: REGENCY CONDO THE
  • Year Built: 1974
  • Approx Sq. Feet: 905
  • Acreage: 3.08
  • Est. Taxes: $673
  • Condo Fee: $640 Monthly
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: None
  • MLS#: TB8329136
  • Days on Market: 0 day
  • Website: https://www.raveis.com
    /prop/TB8329136/1860massachusettsavenuene_stpetersburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/11/2024 10:17:07 PM)
Listing courtesy of JRAC REALTY, LLC   Phone: 813-492-3510

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NMLS Mortgage Loan Originator ID 16953

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1860 Massachusetts AVENUE NE, #124, St. Petersburg, FL, 33703

$84,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $67,920 $67,920 $67,920
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 $56 $56 $56
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $441 $435 $564
Total Monthly Payment $572 $566 $695

* 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.