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BAY POINTE AT TERRA CEIA BAY WELCOMES YOU HOME. New to the rental market is this spectacular 7th floor penthouse featuring 2 bedrooms, 2 bathrooms and the 3rd bedroom is set up as a home office or study. This condo is a turnkey fully furnished condo as it appears on the listing. This 7th floor penthouse has spectacular sunsets and a Western view of Terra Ceia Bay, aquatic preserve, bean poing on Anna Maria Island and the Sunshine Skyway bridge. This condo has been extensively updated to include LED lighting throughout, wood look tile in the bedrooms, LG induction range, motorized hunter Douglas shades in the family room and new blinds in the bedroom and office. The great thing about Bay Point at Terra Ceia is that this community is within minuets to the I-275, I-75 corridor and conveniently located to St Pete’s downtown town or the beaches, Tampa, Sarasota or Bradenton. Not to mention that the water front areas of Palmetto and Bradenton with plenty of fine dining, shopping and entertainment. Bay Pointe is within the gates of Terra Ceia Bay Country Club where you can enjoy a round of golf on the public golf course or dine in the clubhouse restaurant. Members also enjoy use of the fitness center and tennis/pickle ball courts for an additional small fee. This community is Manatee Counties best kept secret and you will not be disappointed.
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Our Executive Mortgage Banker:
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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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $2,796 | $2,796 | $2,796 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.112% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $17 | $18 | $23 |
Total Monthly Payment | $92 | $93 | $98 |
* 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.