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Under contract-accepting backup offers. Luxurious Modern High-Rise with Stunning Waterfront Views. Experience the pinnacle of sophisticated modern living at 5940 Pelican Bay S, located at the epicenter of Pasadena Yacht and Country Club, a gated waterfront boating and golf resort community. Upon arriving, you’ll find this breathtaking 2-bedroom, 2-bathroom high-rise condo located on the 10th floor. Offering sweeping waterfront views and spectacular sunrises from this home’s not one, but two private balconies that can be accessed from the great room and both spacious bedrooms! Relax, entertain, or simply soaking up the beauty of the amazing vistas of St Pete Beach, Boca Ciega Bay and the Gulf!
Inside, every detail has been meticulously crafted. The open-concept living and dining area is highlighted by expansive glass doors, allowing natural light to flood the space while offering seamless access to the balconies. The high-gloss cabinetry throughout the kitchen adds a touch of modern elegance, complemented by the sleek tile flooring and contemporary wood & glass doors that enhance the stunning atmosphere.
The condo is uniquely designed with two spacious primary bedrooms, each featuring walk-in closets and spa-like bathrooms that boast high-end finishes, creating a tranquil retreat after a long day. There is ample storage space and laundry area conveniently located in between the two bedrooms making life easy to manage.
Pet-friendly and ideal for those who love to host, this condo offers the perfect balance of serenity and functionality. Whether you’re lounging on one of your balconies or entertaining guests in the spacious living areas, this is a place where every moment feels like a getaway.
With the added benefits of a gated community and a guard on duty, you’ll have peace of mind with private luxury living. The unit includes a reserved garage parking space no. 136. Stately Building B has secured entrances and an impressive 2 story lobby w/spiral staircase, billiards, library & the Captains Quarters community room! The common area is budgeted for renovations and the committee is in process of starting the project - watch your property value appreciate! The park-like grounds, tranquil pond with lit flowing fountain, heated & chilled pool, in-ground spa, saunas, clubhouse & pickle ball courts will help you relax! Pasadena Yacht & Country Club is the only Historic Championship Golf Course and waterfront marina community you will find. The new owner of this home will have the amazing opportunity to jump to the top of the long wait list and become a member of this exclusive club! Enjoy excellent amenities of the Pasadena Yacht & Country Club – golf course, health club, olympic size heated waterfront pool, tennis courts, an 82 slip marina, fine dining, casual dining, and a poolside bar.
This modern condo is walkable to the friendly and quirky quintessential beach town of Gulfport. Experience all that Gulfport has to offer from the beach, restaurants, bars, night life, art fairs, shopping, community center, and William's pier. A quick drive to the Tampa Bay airport or PIE, St Pete/Clearwater airport, awarded world famous beaches, fine art galleries, daily shows, and restaurants. Don’t miss the opportunity to own this extraordinary property that truly has its all-stunning views , exceptional design, and an unrivaled lifestyle. Come see how easy waterfront living can be!
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Our Executive Mortgage Banker:
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$500,000
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 | $400,000 | $400,000 | $400,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.037% | 6.046% |
Monthly Tax Payment | $342 | $342 | $342 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,495 | $2,628 | $3,322 |
Total Monthly Payment | $2,929 | $3,062 | $3,756 |
* 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.