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One or more photo(s) has been virtually staged. Welcome to Bay Colony! This Florida inspired two bed-two bath with a flex room and one car garage home is in the deep-water canals of Terra Ceia Bay. Bay Colony is equally centered between St. Petersburg and Sarasota. The interstates I-275 and I-75 are within 10 minutes. US hwy 41 and US hwy 19 are directly outside the Bay Colony neighborhood. You are within a short (30 minute) drive to all the events and adventures St. Petersburg and Sarasota have to give.
Entering through the front door, enjoy the seamless flow of this open concept floor plan, where the living and dining rooms blend to create a cohesive and comfortable space. Ideal for both relaxing and entertaining. LVP flooring runs throughout the home, offering durability with practicality that ties each room together nicely.
This beautifully updated kitchen is a chef’s dream, featuring timeless shaker cabinets, sleek quartz countertops, and a deep farmhouse sink. SS appliances add a modern touch, while a natural gas range offers precise cooking performance for culinary enthusiasts.
A walk-in pantry is located to the side of the kitchen. Plenty of space for extra dry goods and storage. Great for a caterer, party planner or any mother, of course!
Step into the bright and inviting Florida Room, where the wall of windows and elegant French doors open to the back patio and back yard. This versatile space is perfect for relaxing with a morning coffee or entertaining guests in the evening. Whether you imagine a cozy reading nook, vibrant sunroom or lively gathering space, this room offers endless possibilities.
The primary bedroom is fitted with a significant amount of closet space, ceiling fans and gorgeous natural lighting. The ensuite bathroom provides a walk-in shower, quartz countertop for easy use and cleaning. The primary bedroom also opens into a space that can be utilized for an artist studio, nursery, yoga room etc…
Straight down the hallway from the primary suite is your second bedroom with bathroom across the hall. Spaciously away for privacy and still close enough for a cozy, homey feeling for friends and family. The second bathroom features a bright window that fills the space with light. It includes a classic pedestal sink, full size tub for relaxing soaks and built in storage for convenience and organization.
A 27 ft SeaRay boat with a canvas cover will convey with the home. The boat sits on a 12, 000 lb updated boatlift, replaced composite dock with water and electricity-perfect for all your waterfront adventures. Spend your evenings cruising the waterways and enjoying breathtaking Florida sunsets-right from your own back yard.
Schedule your showing today and fall in love with 5108 Commonwealth Rd!
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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 | $599,920 | $599,920 | $599,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 7.125% | 6.125% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.360% | 7.290% | 6.404% |
Monthly Tax Payment | $356 | $356 | $356 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,093 | $4,042 | $5,103 |
Total Monthly Payment | $4,541 | $4,490 | $5,551 |
* 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.