Auction Property. Welcome to The Beacon on 3rd, a vibrant and contemporary condominium community in the heart of Downtown St. Petersburg. This beautifully updated 2-bedroom, 2-bathroom condo is sold furnished and turnkey, making it a perfect choice for those seeking a move-in-ready home or a fantastic investment opportunity. The unit features a spacious open floor plan with a seamless flow between the living, dining, and kitchen areas, ideal for entertaining or relaxing. The kitchen and bathrooms have been updated, showcasing modern finishes and thoughtful design. Both bedrooms are generously sized, offering comfort and style. Enjoy stunning views of Downtown St. Petersburg from your private space, adding to the allure of this exceptional condo.
The Beacon offers a host of amenities, including a rooftop deck with panoramic city and bay views, a resort-style swimming pool with cabanas, a 24/7 fitness center, guest parking, secure entry, and designated parking. This unit comes with the added bonus of two parking spaces, a valuable feature in the heart of the city. Located just steps away from a variety of restaurants, cafes, and entertainment venues, you'll love the proximity to the Mahaffey Theater, the renowned Salvador Dalí Museum, and the newly revitalized St. Pete Pier. For beach enthusiasts, the pristine Gulf beaches are just a short 10-mile drive, while commuters will appreciate easy access to Tampa (25 miles) and Sarasota (45 miles).
The HOA allows for 3-month minimum rentals, offering flexibility for investors or seasonal residents. Don’t miss the opportunity to own this fully furnished, turnkey condo at 470 3rd Street S, Unit 405, complete with breathtaking views, updated interiors, exceptional amenities, and an unbeatable location. Schedule your private showing today! Information is believed to be accurate but is not guaranteed. Buyers and agents to verify all facts pertinent to their purchase decision.
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $276,000 | $276,000 | $276,000 |
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 | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $304 | $304 | $304 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,859 | $1,834 | $2,328 |
Total Monthly Payment | $2,238 | $2,213 | $2,707 |
* 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.