3475 41st TERRACE S, #215, St. Petersburg, FL, 33711 | $224,900

This charming two-story condo in highly desirable Patriot Square, an exclusive 55+ gated community, is a true gem. The spacious two-story layout is both functional and inviting, with lots of storage, generous room sizes and an open, airy feel.
The first floor features a spacious, recently updated kitchen that shines with solid-surface countertops, custom cabinets, soft-close drawers, and a deep stainless steel farmhouse sink. Just off the kitchen there is a laundry closet with a one-year-old washer and dryer for easy access as well as a powder room. The expansive living room leads to the private lanai, where you’ll find a peaceful retreat overlooking the sparkling heated pool and lush green space. Additional updates include a new roof installed in 2024, HVAC in 2020, and Hurricane impact windows throughout in 2022.
Upstairs, the condo’s flooring has been thoughtfully upgraded with engineered hardwood that adds a touch of warmth and elegance. The expansive master bedroom overlooking the pool and courtyard, features a large walk-in closet, and an ensuite bath. The second bedroom also has a private full bath.
Patriot Square is known for its mature landscaping and exceptional amenities. Residents enjoy access to two pools—one of which is heated and conveniently located near the condo—along with tennis and shuffleboard courts and a community clubhouse featuring men’s and women’s saunas. The HOA fee includes free internet access, over 150 Spectrum channels, flood insurance, water, and sanitation, in addition to the outstanding amenities in this active and well-managed community.
This ideal location combines the best of tranquil living with proximity to vibrant attractions. A short walk leads to the docks at Maximo Moorings Marina, while a brief drive takes you to downtown St. Petersburg, the new Pier, and the artsy town of Gulfport. The beautiful Gulf beaches of St. Pete Beach and Fort De Soto are just minutes away in the opposite direction.
Patriot Square offers a unique opportunity for investors, allowing new owners to rent their units immediately to HOA-approved over-55 tenants. It’s rare to find such an updated, spacious condo in a secure and well-maintained community within St. Petersburg at this price. Don’t miss the chance to make this exceptional property your new home.

Features

  • Heating: Electric
  • Cooling: Central Air
  • Levels: 2
  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full / 1 half
  • Laundry: Inside, Laundry Closet
  • Complex: PATRIOT SQUARE APTS
  • Year Built: 1973
  • Approx Sq. Feet: 1,325
  • Est. Taxes: $600
  • Condo Fee: $1,021 Monthly
  • Lot Desc: City Lot, Landscaped, Near Golf Course, Near Marina, Near Public Transit, Sidewalk
  • View: Pool
  • Adult Communities: Yes
  • Elem. School: Gulfport Elementary-PN
  • Middle School: Bay Point Middle-PN
  • High School: Lakewood High-PN
  • Pet Policy: Breed Restrictions, Cats OK, Dogs OK
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Exhaust Fan, Microwave, Range, Refrigerator, Washer
  • MLS#: TB8341704
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8341704/347541stterraces_stpetersburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 1/23/2025 11:53:16 PM)
Listing courtesy of KELLER WILLIAMS GULF BEACHES   Phone: 727-367-3756

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NMLS Mortgage Loan Originator ID 16953

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3475 41st TERRACE S, #215, St. Petersburg, FL, 33711

$224,900

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $179,920 $179,920 $179,920
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 7.243% 7.171% 6.518%
Monthly Tax Payment $50 $50 $50
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,197 $1,196 $1,543
Total Monthly Payment $1,322 $1,321 $1,668

* 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.