The Palms of Tierra community is perfect for anyone looking for an active waterfront lifestyle, This three bedroom (plus bonus air conditioned bonus room carved out from the garage) waterfront townhome comes with a 48' deeded boat slip in the heart of Tierre Verde. The two-car driveway leads to the covered front entryway with slate tile and a French door to the unit that opens to the foyer. To the right is access to the oversized two-car tandem garage that has plenty of room to hold your outdoor water sporting gear . In addition, an air conditioned bonus room that currently holds bunk beds was carved out of the garage perfect for an office, workout room, or den. The second floor living area is extremely open and well-lit with a wood burning fireplace, and sliding glass doors that lead out to a generous waterfront balcony perfect for enjoying sunrises and entertaining. The kitchen has a breakfast bar that seats two. There is also a bedroom large enough to fit a king bed with a full bathroom on this level. The third floor is the primary suite with vaulted ceilings, skylight, and both a built-in and walk-in closet. It too has sliding doors to yet another waterfront balcony. The third bedroom also has vaulted ceilings and an ensuite bathroom with a jetted tub and second skylight. From the ground level, there is a back door from the garage that leads to a back covered patio with views of the water and leads straight to your boat slip or the community dock. The deeded boat slip is 48x16 with 16k lift complete with power outlets and a triple floating drive-up jet ski dock. Complete with outlets. Other features include: multiple skylights, 2023 luxury vinyl flooring throughout, 2023 lift modified to hold 22k pounds; 2023 floating dock. The Palms of Tierra also has two heated community pools/spa, tennis courts, fitness center, center, clubhouse and is golf cart friendly. You are also walking distance to fantastic restaurants, like such like the Island Grill & Raw Bar, the Residence Inn that has rooftop restaurant and live music, the Tierra Verde marina Resort, and various shops. Minutes from Fort DeSoto, St. Pete Beach and quick access to I-275 to Tampa or downtown St. Pete. Don’t miss out and live the carefree boating lifestyle!
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William Raveis Mortgage, LLC
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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 | $580,000 | $580,000 | $580,000 |
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 | 7.007% | 7.050% | 6.152% |
Monthly Tax Payment | $815 | $815 | $815 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,618 | $3,810 | $4,855 |
Total Monthly Payment | $4,525 | $4,717 | $5,762 |
* 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.