|
5500 Gulf BOULEVARD, #7256, St. Petersburg, FL, 33706 | $349,500
This top 7th floor end unit Condo-Hotel residence offers both Gulf and Bay panoramic water views in every direction at an exceptional price. It is almost like having 2 balconies. Excellent total turn-key rental income from the first class management rental program that is already in place. The existing rental management agreement with the Tradewinds resort transfers to buyer. The Tradewinds offers over 1000' of Sandy Gulf-Front Beach on over 20 acres that will have you feel as though you are in a tropical paradise. There are 7 pools, 13 food and beverage outlets, water slides and water activities, fitness facilities and tennis courts. Relax on paddle-boat rides through the resort's winding waterways. This is just a few of the many amenities. The Tradewinds has a long established track record with hosting many weddings and conventions. This is an opportunity that some local Florida owners do to use the AAA 4 Diamond rated Jacaranda Beach Villas at the TradeWinds as their beach get away. They are welcome to use all the facilities and beach even when their room is rented (some exclusions apply). Owners enjoy 20% off Tradewinds amenities. Many owners own several units indicating that they are very satisfied with the financial aspects as well as a vacation escape for up to 28 days per year. This condo hotel gives you the best of both worlds – sun & fun with some of the best financial return for a quality property. This unit has a cash reserve balance of approximately $12, 000. Fantastic opportunity!
Features
- Elevator: Y
- Heating: Electric
- Cooling: Central Air
- Levels: 7
- Amenities: Cable TV, Elevator(s), Fitness Center, Gated, Laundry, Pool, Security, Shuffleboard Court, Tennis Court(s)
- Rooms: 3
- Bedrooms: 1
- Baths: 1 full
- Laundry: Laundry Room
- Complex: JACARANDA BEACH VILLAS CONDO
- Year Built: 1990
- Approx Sq. Feet: 300
- Acreage: 0.34
- Est. Taxes: $3,962
- Condo Fee: $492 Monthly
- Lot Desc: CoastalConstruction Control Line, FloodZone, City Lot, Landscaped, Near Public Transit, Sidewalk
- Pool: Gunite, Heated, In Ground
- Pet Policy: No
- Appliances: Cooktop, Microwave, Refrigerator
- MLS#: U8240244
- Days on Market: 13 days
- Website: https://www.raveis.com
/prop/U8240244/5500gulfboulevard_stpetersburg_fl?source=qrflyer
Listing courtesy of COASTAL PROPERTIES GROUP Phone: 727-493-1555
William Raveis Family of Services
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.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
5500 Gulf BOULEVARD, #7256, St. Petersburg, FL, 33706
$349,500
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 | $279,600 | $279,600 | $279,600 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 7.375% | 6.990% | 6.250% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 8.011% | 7.171% | 6.538% |
| Monthly Tax Payment | $330 | $330 | $330 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,931 | $1,858 | $2,397 |
| Total Monthly Payment | $2,336 | $2,263 | $2,802 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388