Welcome to Waves, a delightful 19-unit vacation rental community located just steps from the pristine shores of St. Pete Beach. This condo offers unparalleled flexibility, with no ownership restrictions prior to renting and a minimum rental period of just three days. Perfectly positioned for both investment and personal use, this property is a short five-minute walk to Upham Beach and within close proximity to a variety of restaurants, beach bars, shops, and entertainment options. Whether you’re looking to enjoy all of the activities such as boating, fishing, jet skiing or simply relax on the white sandy beaches, this location provides endless opportunities for coastal enjoyment. Unit #17 boasts a prime top-floor location, ensuring peace and quiet with no neighbors above and a picturesque view of the pool. This fully furnished, turnkey property has been thoughtfully upgraded within the last three years to include a new HVAC system, water heater, electrical panel, recessed lighting, ceiling fans, and modern light fixtures. The unit also features freshly painted interiors and easy-to-maintain tile flooring throughout, ideal for post-beach cleanup. Unlike many comparable rentals, this condo includes a private washer and dryer, multiple closets, and a secure owner’s storage closet, providing both comfort and convenience.
The Waves community offers amenities such as a BBQ grill, Laundry room, assigned parking, and a heated pool, which was resurfaced within the last five years, and a brand-new roof installed in March 2024. The $384 monthly HOA fee covers cable, internet, water, and trash, with owners responsible for electricity and an annual 5. 7% share of the building’s flood insurance. Located in a flood zone, the association provides exterior flood insurance, eliminating the need for additional coverage for second-floor units. Equipped with a keypad entry system, this property is rent-ready and primed for immediate use. Whether you’re seeking a serene beach getaway or a lucrative rental investment, Unit #17 at Waves offers the perfect combination of location, amenities, and convenience. Schedule a showing today to experience the best of St. Pete Beach living.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$339,000
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 | $271,200 | $271,200 | $271,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $290 | $290 | $290 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,804 | $1,827 | $2,325 |
Total Monthly Payment | $2,169 | $2,192 | $2,690 |
* 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.