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Welcome to Downtown St. Pete condo living. This unit is a rare two-story condo with a townhome feel. This condo features the Living Space, Kitchen, Half Bath and Laundry all on the first floor and the 3 bedrooms and 2 full baths are on the 2nd, with each floor having its own balcony. This building is located just a short block and half from Tampa Bay waterfront, restaurants and museums. (*Not in a flood zone). When you enter the home, you are greeted with a grand living area with high ceilings and dining area, ideal for entertaining and then an open kitchen with plenty of pantry storage, that looks out to the living area. The kitchen counter is bar height and the length of counter can accommodate four stools. All stainless steel appliances are in newer condition. Near the kitchen you have the indoor laundry room with extra storage, as well as a private half bath. The kitchen also has a rear balcony that accommodates outdoor seating. When you head upstairs to the bedrooms, you are first greeted with French doors to third bedroom. This space is ideal for remote office or den and includes built-in shelves and closet. The second bedroom has two closets and a built-in area for a dresser. There is a fully updated bath off the second bedroom. The primary is also on the second floor and has its own updated en-suite as well as an oversized walk-in closet and private balcony to look out to the city. Fireworks during the holidays can be viewed from both balconies. Also included with this unit is a secured air-conditioned storage area as well as (one) covered parking in a gated garage with room for bikes (*2 city parking passes also included). The additional air-conditioned storage area is oversized and can store tall paddleboards, boxes, furniture etc. There is a covered gated parking garage with 1 deeded space. Pet Friendly too, allowing up to 2 large pets. The outdoor common area for the condo has a courtyard area with potted full-grown palm trees and outdoor dining, which includes views of downtown for all residents to use and enjoy. In There is only 10 units in the Spanish Palms which creates a very private atmosphere. Gulf beaches are 15 minutes away, Tampa International Airport 25 minutes, and plenty of public golf courses throughout the area as well. There is also the sailing community at SPYC. The location of this home is spectacular, offering an excellent opportunity to live the vacation life every day or use it as a rental. This property allows a six-month rental period as well as zero ownership prior to renting out. Great for a second home, potential investment property or forever home. This condo is move-in-ready and allows two large pets. Call today for a private showing.
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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 | $639,200 | $639,200 | $639,200 |
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% | 7.063% | 6.132% |
Monthly Tax Payment | $268 | $268 | $268 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,988 | $4,199 | $5,351 |
Total Monthly Payment | $4,348 | $4,559 | $5,711 |
* 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.