Under contract-accepting backup offers. Welcome to easy Florida living in this beautifully updated 2-bedroom, 2-bath first-floor condo located in the highly desirable 55+ community of Terrace Park at Five Towns in St. Petersburg! This condo comes with a 13 MONTH HOME WARRANTY for buyer's Peace of Mind and to help make transitioning easier! Located in the popular Princeton building, this light-filled home offers a spacious open floor plan with serene pond views—enjoy the peaceful scenery from your screened-in patio or even while doing dishes through the perfectly placed kitchen window. This is a rare inside corner unit that is oversized at 1345 SF providing privacy, light and extra windows making it feel more like a home. Enjoy the modernized kitchen with shaker-style cabinets, granite countertops, and brand-new stainless steel appliances—you'll be the very first to use them! The main living area features durable laminate flooring, while the kitchen and baths are finished in easy-care tile. Freshly cleaned carpet adds comfort to both bedrooms. The primary suite includes a private en-suite bathroom and a spacious walk-in closet. This condo includes an assigned covered carport which is a real bonus as not all units have them. Another bonus is the oversized laundry room with full washer, dryer and laundry sink with cabinets above the laundry equipment. Spacious enough to add additional storage cabinets or shelves. Terrace Park offers a vibrant lifestyle with five swimming pools, two clubhouses, a gym (with a second on the way), walking paths, shuffleboard courts, a billiards room, outdoor grilling areas, and a calendar full of activities and special interest clubs. Whether you're seeking a sunny seasonal escape or a year-round residence, this condo offers the perfect blend of comfort, community, and convenience. New roof on entire building completed in January 2025. The Milestone Inspection and Structural Integrity Reserve Study have been completed. Schedule your private showing today and discover why so many love calling Terrace Park home!