5967 TERRACE PARK DRIVE N, #101, St. Petersburg, FL, 33709 | $109,700

One or more photo(s) has been virtually staged. CORNER UNIT (130 SQ ft Larger Living Area). . . PRICED smartly and below all neighborhood comps! - 2 Bedroom, 2 Full BATHS, GROUND FLOOR, Private CORNER home, Screened Lanai, COVERED deeded parking spot (20 steps from your front door) and a rare designated rental unit here at Bedford. Make this home your permanent retirement community home today or Secure this property now and make it your Winter retreat for this coming Fall/Winter. Or make it your rental and generate cash flow immediately with a 9% Cap rate (at $2000/mo rent)! This is one of only 5 designated rentals here at Bedford (and an even rarer. . . only 1 of the 14% rent-able units allowed in this whole 5 Towns community!). And there is a No wait/No holding period needed. . . as a designated rental you can rent this unit out immediately after purchase. You won't find a better value than this private corner unit. With 130 Sq Ft Larger than others, you will have a larger living room and dining area! This Bedford building has just been painted and a brand new roof completed in 2024. Discover this beautifully maintained ground-floor corner unit in the highly desirable 55+ Terrace Park community at 5 Towns! Not only does this condo offer extra living space, but you'll also enjoy, a lovely screened balcony to enjoy Florida’s beautiful spring nights, and a spacious, primary bedroom with double closets! The kitchen features a gas stove, and the gas is included in your maintenance fee—a rare and valuable bonus! And this corner condo has just been freshly painted, updated with a newer a/c Handler and newer oversized frig. If you have a small dog, you’ll love the convenient, rare, private green space right out back and on the side—a perfect spot for pets! The 5 Towns community is filled with beautiful park-like vistas and barbecue spaces throughout, perfect for outdoor gatherings. You’ll also have access to six swimming pools, with this unit being conveniently located right across from the largest heated pool with a relaxing jacuzzi! This vibrant and socially active community offers something for everyone, including dances, bingo nights, potluck dinners, tennis courts, billiards, shuffleboard, a fitness room, aerobics and yoga sessions a card room and much much more. Your affordable HOA fee covers cable, internet, HOT water, gas for stove and oven, sewer, and garbage, giving you peace of mind and added savings! Conveniently located near restaurants, shopping, and places of worship, plus just minutes from Bay Pines VA Hospital and only 5 minutes to the beautiful Gulf of Mexico beaches! As we speak we are putting some finishing touches on the home, but you are welcome to come by and have a look anytime! This great value will not last long so schedule your private showing today!

Features

  • Amenities: Clubhouse
  • Units: 25
  • Laundry: Common Area
  • Year Built: 1977
  • Garage: Covered, Ground Level
  • Heating: None
  • Cooling: Central Air
  • Approx Sq. Feet: 960
  • Acreage: 0.81
  • Est. Taxes: $2,433
  • HOA Fee: $849 Monthly
  • Adult Communities: Yes
  • Pet Policy: Number Limit, Yes
  • Appliances: Range, Refrigerator
  • MLS#: TB8384370
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8384370/5967terraceparkdriven_stpetersburg_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 5/10/2025 11:32:08 PM)
Listing courtesy of ENGEL & VOLKERS ST. PETE   Phone: 727-295-0000

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

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Our Insurance Division:

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5967 TERRACE PARK DRIVE N, #101, St. Petersburg, FL, 33709

$109,700

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $87,760 $87,760 $87,760
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.058% 7.063% 6.132%
Monthly Tax Payment $203 $203 $203
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $555 $577 $735
Total Monthly Payment $833 $855 $1,013

* 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.