Wide OPEN WATER VIEW to the south from this spacious 1400 sqft 2 bedroom, 2 bath END-UNIT VILLA, with screen porch, large dock, 1-Car Garage & Courtyard! FLOOD-DAMAGED Condo in GATED, 55+ WATERFRONT Community of Boca Ciega Point - REMEDIATED - As-Is Sale & CASH ONLY - new garage door and garage door opener, plus SOLAR PANELS are intact - seller requests NO INSPECTION PERIOD in any offers. Bring your unique remodel ideas & pick your own cabinets, tiles, floors, paint color, then make this unit your own! Please note that Association THREE is handling all remediation/repair and restoration of ALL affected units. Detailed information regarding the timeline and scope of work will be provided as it becomes available. Desirable "Boca" provides an array of amenities, including two clubhouses, a spacious pool, a fitness center, year-around activities, tennis courts, pickle ball courts, social clubs, a card room, bocce ball, a library, and a boat club. The community fosters a vibrant and engaging atmosphere. Moreover, the location is convenient being close to restaurants, American Legion, VA Bay Pines Hospital, shopping options: new Seminole City Center with movie theater, eateries, stores, or Tyrone Mall, and only a few minutes' drive to the white sandy beaches of Madeira Beach. In summary, this hidden treasure in Boca Ciega Point offers not just a home but a lifestyle, with a range of amenities and prime location near the beach and other conveniences. It's a perfect retreat for those seeking an active and enjoyable 55+ community.
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Our Executive Mortgage Banker:
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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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $399,920 | $399,920 | $399,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.278% | 7.159% | 6.276% |
Monthly Tax Payment | $355 | $355 | $355 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,627 | $2,658 | $3,373 |
Total Monthly Payment | $3,057 | $3,088 | $3,803 |
* 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.