|
Presented by
Nandy Miller Team |
GREAT Income-Producing OPPORTUNITY with Terrific Tenants in Place—Prime 55+ Community Living! Welcome to Terrace Park at Five Towns—where comfort, convenience, and coastal living come together in one of St. Petersburg’s most sought-after 55+ communities, just minutes from the Gulf beaches. This beautifully maintained first-floor condo with an enclosed lanai features a 2-bedroom, 2-bath split-plan condo that offers 915 sq. ft. of thoughtfully updated living space and is a fantastic investment opportunity with reliable tenants already in place. This is a great investment. and pet-friendly living. Step inside to a bright and inviting living area filled with natural light—perfect for relaxing or entertaining. The fully remodeled kitchen features: Granite countertops, updated cabinetry, updated ceiling lighting, ample workspace, updated waterproof vinyl flooring throughout, remodeled hallway bathroom with new vanity and ceramic tile flooring, remodeled primary bathroom with new vanity, mirrors, and ceramic tile flooring. Fresh interior paint (walls and ceilings, Popcorn ceilings removed throughout; HVAC only 3 years old. The desirable split-bedroom floor plan offers privacy and comfort for both residents and guests. Enjoy peaceful mornings or relaxing evenings in your enclosed lanai overlooking tranquil trees and courtyard views. 1 assigned parking space is included right in front of the condo. The condo fee includes:
Gas, water, trash, internet, cable, building insurance, and full grounds maintenance—adding exceptional value and convenience. Five Towns Community Amenities: Spanning 111 beautifully landscaped acres, Five Towns offers 9 scenic ponds, 6 swimming pools, 3 outdoor kitchen-style gazebos with grills and refrigerators, tennis courts, shuffleboard, bocce ball & horseshoes (under construction), and two clubhouses featuring fitness centers, libraries, billiards rooms, auditoriums & card rooms. Ongoing amenity renovations for even more future value. This vibrant, active community hosts daily activities including yoga, exercise classes, cards, painting, quilting, dances, concerts, pancake breakfasts, and more. Ideally located near Gulf beaches, Downtown St. Petersburg’s dining and arts scene, Tyrone Square Mall & Seminole Outdoor Mall. Opportunities like this—an updated, income-producing unit in a beautifully maintained 55+ community—don’t come along often. Schedule your private showing today and see what life in paradise can look like!
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$105,900
Luxury Properties Specialists
William Raveis Real Estate
Phone: 239.248.4414
NandyMillerTeam@raveis.com
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 | $84,720 | $84,720 | $84,720 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 5.375% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.357% | 6.419% | 5.668% |
| Monthly Tax Payment | $205 | $205 | $205 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $501 | $522 | $687 |
| Total Monthly Payment | $781 | $802 | $967 |
* 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.