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RARE THREE BEDROOM! High and Dry! Light and Bright! This charming 3 bed/2 bath condominium is the ideal home to live the Florida lifestyle! Located in a highly desirable Gated Resort-like, waterfront Active 55+ Bay Island Community with a 24/7 Guard on duty in beautiful South Pasadena. This home offers the perfect space and gorgeous views of Boca Ciega Bay! Relax on your balcony and look out for Dolphins and manatees that frequently visit just a few feet away! This beloved unit has only had two owners! All windows and sliders have been replaced with PGT Hurricane-rated windows! There's even a Hurricane shutter that protects your balcony! These updates will ensure your peace of mind for many years to come. The kitchen features solid wood cabinets, and you'll love the deep pull-out drawers, French door style refrigerator with bottom pull-out freezer, and plenty of granite countertop space for all your cooking adventures! The great room anchors the open floor plan and features a priceless view of the Bay! The primary bedroom lies at the rear of the home and has a stunning water view, NEW luxurious wall-to-wall carpet 2/23/2025, an ensuite bathroom/laundry, and a walk-in closet. The second and third bedrooms are at the front of the home, providing comfort and privacy. The dining room area can comfortably seat eight. The sliders lead to a 14x5. 5 balcony to relax and enjoy while overlooking the bay. The building elevator was recently retrofitted per the new State Code and recertified. The impressive Clubhouse offers a Billiard Room, Ping Pong Room, Card Room, Dart Room, Library, social spaces, and an active Social Hall complete with a Stage and Dance Floor and a newer commercial kitchen. The Association schedules many events, and the residents can rent the Social Hall for special occasions. Bay Island features six swimming pools (all heated) and two hot tub/ spas and grill areas. You can relax at the Tiki Hut / BBQ area while watching boats in the Marina or a pickleball game! Spend time with friends playing shuffleboard and/or utilizing the four tennis/pickleball courts. There are two fully equipped Gyms (His and Hers), complete with showers and saunas. There are fishing docks and boat slips, too! (Boat slips are sold separately). Take a stroll along the 1. 5-mile walking path that goes around the entire community. This beautiful home is ideally close to Gulf Coast beaches such as Treasure Island, St. Pete Beach, and Sunset Beach. The art-infused and eclectic downtown St. Petersburg and nearby Gulfport are home to great restaurants, entertainment, and shopping! Don't feel like driving or have guests that want to go solo for a day? The SunRunner runs to St. Pete Beach and all stops between the beach and downtown St. Petersburg, including the pier. It's very inexpensive and quick! There's a stop right in front of the guardhouse! Don't miss this opportunity to live in a luxurious, active community with unparalleled views and amenities. Some furniture is negotiable. Call today for your private showing!
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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 | $291,910 | $291,910 | $291,910 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.152% |
Monthly Tax Payment | $154 | $154 | $154 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,845 | $1,918 | $2,444 |
Total Monthly Payment | $2,074 | $2,147 | $2,673 |
* 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.