Discover the charm of coastal living with this inviting one-bedroom, one-and-a-half-bath condo nestled in the Bay Island community, a premier 55+ waterfront enclave cherished for its vibrant lifestyle and extensive amenities. This unit offers a beautiful foundation for customization and updates to enhance its inherent appeal. It features a spacious living room with stunning flooring and elegant plantation shutters, creating a bright and welcoming atmosphere. The kitchen is equipped with granite countertops, ample workspace, and sleek stainless steel appliances, ideal for both casual dining and entertaining guests. In addition to its appealing features, the primary master suite is spacious and boasts an en-suite bathroom complete with a walk-in closet, providing both comfort and convenience in your private retreat. Adjacent to the living area, a versatile sunroom expands your living options, perfect as a home office, fitness room, or additional guest space with the addition of a pull-out sofa or Murphy bed. A convenient half bath located off the main entry adds functionality to the layout. Residing in the Ambassador building, this condo offers both comfort and convenience. Enjoy the safety of a guarded gate and gated lobby, along with two elevators, climate-controlled, covered walkways, and floor-specific garbage collection. A private storage locker and a well-maintained community laundry room enhance everyday living. As part of the Bay Island community, indulge in exceptional amenities including multiple pools and spas, outdoor grills, waterfront tiki huts, tennis and shuffleboard courts, and a well-stocked library. The clubhouse features two exercise rooms with saunas, and an expansive banquet space with a bar, dance floor, and stage—perfect for social gatherings. Enjoy leisurely strolls along the scenic 1. 5-mile waterfront boardwalk, where you can observe dolphins and manatees in their natural habitat. The community marina also provides opportunities for fishing or securing a boat slip for nautical adventures. Situated just minutes from Corey Avenue and the stunning St. Pete Beach, explore boutique shopping, family-owned restaurants, or take the Sun Runner to vibrant downtown St. Pete. This home offers an ideal balance of relaxation and activity, making it a perfect setting for your next chapter. This condo is not just a place to live but a canvas ready for personalization, set in one of St. Pete Beach’s most beloved communities. Schedule your showing today to start envisioning your new lifestyle at Bay Island. Please note: Bay Island is a 55+ community, requiring at least one resident to be over the age of 55 and no residents under the age of 15.
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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 | $172,000 | $172,000 | $172,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.899% | 7.017% | 6.034% |
Monthly Tax Payment | $302 | $302 | $302 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,045 | $1,130 | $1,428 |
Total Monthly Payment | $1,422 | $1,507 | $1,805 |
* 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.