Discover the ultimate coastal lifestyle at Palma Del Mar! Nestled in the heart of highly desired Tierra Verde on the island of Isla Del Sol, only minutes from all of that St. Pete Beach and Downtown St. Pete has to offer. This spacious 2 bedroom, 2 bathroom condo offers over 1, 250 sqft of comfortable living space. The inviting updated kitchen boasts sleek stainless steel appliances, stone countertops, a modern tile backsplash, and recessed lights - perfect for entertaining guests! Enjoy the convenience of an in-unit full-size washer and dryer with extra storage as well as a covered deeded parking space (#28). Step through sliding glass doors to your expansive balcony, where you can relax and savor stunning sunsets over Boca Ciega Bay or enjoy golf course views of Isla Del Sol Country Club. Featuring a split floor plan, the large master suite includes a large walk-in closet and ensuite bathroom, while the guest bedroom offers ample space and access to the second full bath with a second walk-in closet. With an abundance of natural light, this unit comes fully furnished even including some kitchenware to make this turn-key ready! Pet-friendly and packed with amenities, step outside to experience the resort-style waterfront pool and spa, or take a peaceful stroll through the park-like grounds overlooking Boca Ciega Bay. Perfect as an investment property for immediate rental income, or even better to make this your permanent home or vacation get-away in sunny paradise. Take advantage of a golf, tennis, yacht, or social membership offered at Isla Del Sol Yacht & Country Club. Perfectly situated, you’re located minutes from the vibrant downtown St. Petersburg, award-winning beaches like Fort Desoto State Park, and just a short drive to Tampa or Sarasota. Whether you're looking for a peaceful retreat or an active beachside community, this condo has it all—welcome home to paradise at Palma Del Mar!
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Our Executive Mortgage Banker:
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$400,000
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 | $320,000 | $320,000 | $320,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.386% | 6.623% |
Monthly Tax Payment | $623 | $623 | $623 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,129 | $2,183 | $2,766 |
Total Monthly Payment | $2,827 | $2,881 | $3,464 |
* 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.