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Villa-Style Condo with courtyard patio, screened lanai and Resort-Style Community Amenities in beautiful Clearwater.
Live the Florida lifestyle in this one-story, end-unit, villa-style condo at One Kapok Terrace — just 20 minutes to the vibrant downtowns of Clearwater, Tampa, and St. Petersburg, world-famous Gulf beaches and three international airports. Backing to a tranquil natural setting with mature trees and open grassy space, this home offers privacy, peaceful views, and easy access to it all.
A welcoming open front courtyard patio sets the tone. Inside, vaulted ceilings and an open, airy layout make the space feel bright and inviting. The generous living and dining areas feature a cozy gas fireplace and flow into a large screened back lanai — accessible by double sliders from both bedrooms for that perfect indoor-outdoor connection. This corner unit also features an inside laundry closet with included washer and dryer, and a large additional storage area off the front courtyard. Bring your plants!
The primary suite boasts two oversized closets and a private en suite bath, while the second bedroom sits across from the second full bath, ideal for guests or a home office. Both bedrooms overlook the back screened lanai through double sliders. Both bathrooms and the back screened lanai have gorgeous, newly installed laminate flooring.
Additional features you’ll love:
1, 100 sq. ft. of well-planned living space
Assigned covered parking under carport, plus ample guest parking throughout the community
Pickleball & tennis courts, fitness center, clubhouse, heated pool, billiards, community kitchen, dining and lounge.
Small community dock on waterway with access to Tampa Bay (check out the aerial photos, it's only a short distance to the Bay) — it would be possible to drop in a kayak, canoe, or paddleboard and get out to the Bay.
Pet-friendly (with restrictions)
Great location close to St Pete College's Drew campus.
One Kapok Terrace is a financially solid, well-managed community with fully funded reserves. No Milestone inspections required. The 2026 monthly condo fee is $790 (only a $20 increase) and covers water, sewer, trash, internet, common area insurance and grounds care, and so much more — making for truly low-maintenance living. Built in 1983 with solid block construction, this home had no flooding in the 2024 storm season and is an ideal year-round residence or seasonal escape. Minimum lease is 1 year.
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Our Executive Mortgage Banker:
Our Insurance Division:
$241,000
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 | $192,800 | $192,800 | $192,800 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.625% | 6.125% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.258% | 6.292% | 5.628% |
| Monthly Tax Payment | $153 | $153 | $153 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,110 | $1,171 | $1,563 |
| Total Monthly Payment | $1,338 | $1,399 | $1,791 |
* 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.