550 Boca Ciega Point BOULEVARD N, St. Petersburg, FL, 33708 | $485,000

Under contract-accepting backup offers. This spacious 1, 710 sq. ft. 2-bedroom, 2-bathroom condo which flooded during Hurricane Helene is located in the highly desirable gated boating community of Boca Ciega Point. It is now available as-is for the convenience of the seller. Please note that the condo association is handling all remediation/rebuild for affected units, ensuring each condo is restored to its previous condition. Detailed information regarding the scope of work and timeline will be provided as it becomes available.
Key Details:
* Cash Sale Only: The seller WILL NOT entertain offers with inspection periods.
* Community Highlights: Boca Ciega Point is one of Pinellas County's premier 55+ waterfront communities, featuring a vibrant array of activities. Enjoy resort-style living with amenities that include a large pool, tennis courts, pickleball, two clubhouses, a fitness center, shuffleboard, a putting green, and much more.
This is a unique opportunity to purchase a fully remediated unit and add your personal touches. The buyer will assume the open insurance claim with the condo association.
Property Features:
* Villa Style Home: 1, 710 sq. ft. layout with a lanai overlooking a spacious dock.
* Garage & Outdoor Living: Attached two car garage and a courtyard and water view and access.
Don’t miss your chance to be part of this sought-after community. With its active waterfront lifestyle and an array of facilities being restored, Boca Ciega Point offers a perfect blend of relaxation and recreation.

Features

  • Amenities: Clubhouse, Fitness Center, Gated, Maintenance, Pickleball Court(s), Pool, Sauna, Shuffleboard Court, Tennis Court(s), Vehicle Restrictions
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: In Garage
  • Year Built: 1973
  • Garage: 2-car
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,710
  • Est. Taxes: $8,764
  • Lot Desc: Flood Insurance Required, FloodZone, Landscaped, Sidewalk, Unincorporated
  • View: Water
  • Adult Communities: Yes
  • Pet Policy: Number Limit, Size Limit
  • Appliances: Dishwasher
  • MLS#: TB8329844
  • Days on Market: 4 days
  • Website: https://www.raveis.com
    /prop/TB8329844/550bocaciegapointboulevardn_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 12/18/2024 2:54:34 AM)
Listing courtesy of LUXURY & BEACH REALTY INC   Phone: 727-800-5906

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550 Boca Ciega Point BOULEVARD N, St. Petersburg, FL, 33708

$485,000

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 $388,000 $388,000 $388,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.443% 7.133% 6.256%
Monthly Tax Payment $730 $730 $730
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,614 $2,579 $3,272
Total Monthly Payment $3,419 $3,384 $4,077

* 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.