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Presented by![]() Kiara Rusconi |
Welcome to a boater’s paradise in the charming Bay Colony community! This newly updated waterfront home offers a blend of modern elegance and timeless charm. Built in 1965, this two-bedroom, two-bath gem spans 1, 519 square feet and sits directly on a deepwater canal with no bridges to Terra Ceia Bay, providing direct access to the Gulf of Mexico right outside your door. This gorgeous home features a 7, 500-pound double boat lift, ideal for two boats or a pontoon, and a 22-foot boat dock that can be replaced or modified to suit your needs. The expansive back patio overlooks the canal, offering a peaceful setting for morning coffee or evening cocktails. There is 220-volt plug ready for a hot tub. Inside, the home has been tastefully completely updated in the last six months, with new white cabinets and white quartz countertops, complemented by top-quality stainless steel appliances. The classic terrazzo floors maintain the home's original character, while an upgraded bath adds a touch of luxury. Recent major updates include a new roof and air conditioner, a new water heater and a new irrigation pump. Large storage room, with canal view, has endless opportunities for office space, storage, whatever your needs are. Hurricane shutters are included. Conveniently just off U. S. 275 and Interstate 75 near the Skyway Bridge, you’ll have easy access to St. Petersburg and Tampa. Don’t miss this rare opportunity to live the coastal lifestyle and schedule your private showing today.
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Our Executive Mortgage Banker:
Our Insurance Division:
$725,000
Luxury Properties Specialist
William Raveis Real Estate
Phone: 860.573.3382
Kiara.Rusconi@raveis.com
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 978.423.2254
David.Lewis@raveis.com
NMLS Mortgage Loan Originator ID 49042
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 | $279 | $279 | $279 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,618 | $3,810 | $4,855 |
Total Monthly Payment | $3,989 | $4,181 | $5,226 |
* 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.