6525 Cape Sable Way #2 St Petersburg, FL 33702

Listing details for 6525 Cape Sable Way #2, St Petersburg, FL 33702 : Short Sale. SHORT SALE (NOT YET BANK APPROVED). This 3 bedroom, 2 bathroom, 1 car garage townhome offers an incredible opportunity! The HOA’s master flood insurance policy is covering the ground floor remodel of the townhome. Expected completion in the next few months. Potential to walk in with over $100,000 in immediate equity! Seller would also consider a creative “subject-to” mortgage opportunity for those seeking to leverage the existing financing (4.5% interest rate, $279,000 mortgage balance, monthly principal and interest payment of $1,500 per month). No fixed bridges and mere minutes to Tampa Bay, Weedon Island, and so much more. This Mariner’s Pass community is complete with 2 pools (1 heated) and 3 community docks for fishing and water activities. Most importantly the HOA fee covers water, sewer, trash, exterior maintenance, grounds maintenance, community pool, pest control, reserves, a master flood insurance policy, high speed internet, cable TV, boat slip, and dock maintenance. Call today and seize this incredible opportunity for instant equity!