Step inside your FULLY FURNISHED 2-bedroom, 2-bath CORNER UNIT condo; a true turnkey property, offering comfort and convenience in the tranquil 55+ community of Bay Palms Condominiums. Located on the second floor, the unit enjoys abundant natural light and boasts a bright, open layout perfect for easy living. The open-concept dining and living area is finished with laminate flooring, seamlessly connecting to a sitting room that overlooks lush, landscaped grounds. Each of the generously sized bedrooms offers ample storage, with convenient walk-in closets, and the primary suite includes an en-suite bathroom, for your privacy. This unit has an upgraded HVAC system from 2023 and NEW electrical panel and outlets in 2024, giving you peace of mind. The unit comes with its own assigned parking spot and a large storage closet for extra belongings. The vibrant community of Bay Palms features a clubhouse, swimming pool, shuffleboard courts, and a shared laundry facility in each building – you really will have it all. You will be within walking distance to several amenities, including grocery stores and fitness centers, and just a short drive to Largo Mall some of Florida’s best beaches. This condo is your wonderful opportunity to enjoy the Florida lifestyle!
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Our Executive Mortgage Banker:
Our Insurance Division:
$159,000
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 Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $127,200 | $127,200 | $127,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | $144 | $144 | $144 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $846 | $845 | $1,091 |
Total Monthly Payment | $1,065 | $1,064 | $1,310 |
* 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.