One or more photo(s) has been virtually staged. Welcome to Terrace Park at Five Towns in St Petersburg, the popular 55+ active adult, amenity filled condo community located 10 minutes to the beach and close to downtown St Pete! Rarely available, one of the largest condos at 1805 SF. Very few of these desirable ground level villas were built in Five Towns! This spacious condo is located in the Cambridge building and is an end unit with it's own covered parking space right in front. Enjoy pond and nature views year around from the oversized screened lanai that also has windows. Thoughtful floor plan offers a huge centered living room open to the dining room overlooking the lanai and pond plus kitchen with pass through window is a great spot for two barstools. Enjoy cooking in this updated kitchen featuring light cabinets, granite countertops, SS sink with new faucet, refrigerator, gas range and microwave all brand new and never used and dishwasher less than two years old. This condo is Hurricane ready with impact windows throughout. The laundry room is huge and includes multiple storage closets, room to add a second fridge if needed, a utility sink and a toilet. The master bedroom suite features it's own private bathroom with large vanity and step in tiled shower plus a walk in closet and second closet. Guest bedroom is ample size with two closets. Guest bath recently updated with new designer tiled shower featuring high end glass and roller door, new flooring, sink, toilet and lighting. This condo offers a surprise bonus room that contains a built in Murphy bed making it easy to accommodate extra guests (the extra toilet and utility sink are next to this bonus room for ease). Doors could be easily added to this bonus room for complete privacy or simply add folding room dividers. Ceiling fans in bedrooms, bonus room and dining room, fresh neutral paint throughout and brand new ceiling lights. The best part of this condo, besides the awesome size and location of it, is the oversized lanai that is perfect for the Florida outdoor living lifestyle. Condo fees for 2025 at $677. 61/month with no special assessments and include cable, internet, natural gas for heating and cooking along with all the other typical services. One of the lowest condo fees in all of Five Towns! Other area amenities include: close to the Pinellas Trail for biking, Abercrombie park, Seminole City Center, Publix next door with Target and other stores nearby. This spacious and desirable end unit, water view condo is immaculate and ready to go, plus the community cannot be beat. See this lovely condo today!
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $319,920 | $319,920 | $319,920 |
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 | $454 | $454 | $454 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,155 | $2,126 | $2,698 |
Total Monthly Payment | $2,684 | $2,655 | $3,227 |
* 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.