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One or more photo(s) has been virtually staged. Welcome to refined coastal living in the heart of Bay Island—an exclusive 55+ gated waterfront community offering unmatched amenities and breathtaking views of Boca Ciega Bay. This rare corner residence in the highly desirable Admiral Building offers 1, 375 square feet of meticulously renovated living space, with over $100, 000 in designer upgrades that elevate both style and functionality. A custom privacy gate leads to your own private entryway, providing a secure and quiet welcome home. Designed to capture panoramic vistas of the Intracoastal Waterway, the Gulf of Mexico, the Don Cesar, and even the distant skyline of Tropicana Field, the home features over 65 feet of private wraparound balcony—perfect for enjoying stunning Florida sunsets, gentle coastal breezes, and daily dolphin sightings from nearly every room. Inside, a thoughtfully designed split-bedroom floor plan provides both privacy and comfort. The spacious primary suite includes a walk-in closet with custom built-ins and a beautifully remodeled ensuite bath featuring a large, tiled walk-in shower. The second bedroom also offers customized closet storage and is ideal for guests or a dedicated office space. The chef’s kitchen has been fully updated with high-end solid wood cabinetry, granite countertops, a center island, expanded counter space, a convenient pass-through, and newer stainless steel appliances—all arranged for both entertaining and everyday ease, while capturing the tranquil water views beyond. Marble tile flooring runs throughout the main living areas, and additional upgrades include a full-size stacked washer and dryer, hurricane-rated impact glass windows and sliding doors, and exterior hurricane shutters for added peace of mind. A newer A/C system (2021), a covered carport located steps from the entrance, and three private storage closets round out the home’s thoughtful features. Bay Island offers resort-style living with six heated pools, two hot tubs, tennis and pickleball courts, men’s and women’s fitness centers, a clubhouse with social spaces, billiards, ping pong, a library, and a scenic waterfront walking path. The on-site marina adds convenience for boaters, and the community’s flexible pet and leasing policies provide lifestyle versatility. Located just minutes from the sandy shores of St. Pete Beach and Treasure Island, as well as vibrant dining, shopping, and entertainment options—including the Corey Avenue Sunday Market—this move-in-ready home is also just a short drive to Downtown St. Pete and both area airports. As a resilient coastal home has passed all Milestone and Reserve Studies with no major structural repairs required, providing unmatched peace of mind. This is your opportunity to enjoy the best of Florida’s waterfront 55+ living in a secure, amenity-rich setting. CLICK THE VIRTUAL TOUR LINK TO SEE THIS GORGEOUS UNIT NOW!
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$498,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $398,400 | $398,400 | $398,400 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.990% | 6.375% | 5.625% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.370% | 6.524% | 5.866% |
| Monthly Tax Payment | $603 | $603 | $603 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,386 | $2,486 | $3,282 |
| Total Monthly Payment | $3,064 | $3,164 | $3,960 |
* 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.