A one-of-a-kind builder’s unit in the Silver Sands Beach & Racquet Club, St. Pete Beach’s iconic condominium. Strategically located Gulf-front on the #1 Rated Best Beach by Trip Advisors, with walls of glass enveloping this 2, 400 + sq ft corner unit with some of the finest views of the beach. Enjoy the beach’s sunset views from your wrap around balcony. Water views from almost every room. This unit was custom fitted for the original builder of the complex including such upgrades as unique 1 of a kind custom front door featuring a tree sculpture, domed ceilings, custom ceiling LED lighting and sauna. Originally a 3-bedroom home transformed into a large 2 bedroom with den easily converted back to 3 bedrooms with 2 ½ updated baths. Tremendous open floor plan adds to the loft like feel of this home. Newer upgrades include a new kitchen with Viking range, Thermador Dishwasher, Bosch refrigerator, Viking Beverage Center & wine cooler, tankless hot water heater, new premium TRANE HVAC system with "Air-Scrubber” air purification system and newer Washer/Dryer. The home was recently updated with impact sliding doors and windows for extra protection and better sound insulation. The Gulf of Mexico is front and center, viewed from all major rooms including living, dining, primary bedroom, kitchen, bonus room and office. This desirable spacious floorplan has a great room that is perfect for entertaining, with a dining area, several conversation areas, all with direct gulf front views. One covered parking garage spot included. Silver Sands is a tropical paradise resort with numerous amenities including two beachfront heated pools and spas, private walkways to the beach, two lighted tennis courts, two lighted pickleball courts, a clubhouse with fitness room, community room with full kitchen, card, and meeting room as well as a billiards and ping pong room. Silver Sands Beach & Racquet Club is coveted because it is the only condominium on the beach that enjoys beachfront location while also enjoying being set one block off Gulf Boulevard affording owners additional privacy of a quiet street entrance, Sunset Way -truly unique to this beach! It cannot be beat - only one block from bustling Gulf Blvd with restaurants, shops, grocery stores and art markets. Downtown St Pete is close by and 35 minutes to St Petersburg/Clearwater or Tampa International airport.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,795,000
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 | $2,236,000 | $2,236,000 | $2,236,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.286% | 6.874% | 6.972% |
Monthly Tax Payment | $1,092 | $1,092 | $1,092 |
H/O Insurance Payment | $125 | $125 | $125 |
Initial Principal & Interest Pmt | $14,876 | $14,503 | $19,787 |
Total Monthly Payment | $16,093 | $15,720 | $21,004 |
* 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.