1531 Placida ROAD, #5-201, Englewood, FL, 34223 | $224,950

Located in the heart of Englewood, this second-floor, end unit TURN-KEY CONDO in Palm Manor is ready for you. Either move-in today or offset your investment with WEEKLY rentals - a unique find for condominium associations. The draw of this community is it's close proximity to everything Englewood has to offer! You can walk to Merchant's Crossing directly across the street for food, shopping and banking or BIKE TO THE BEACH as Manasota Key is just over 2 miles away featuring many beaches, bars and water-sports! The community itself offers a community pool, tennis courts, shuffle board and a clubhouse for social gatherings. UPDATED ELECTRICAL PANEL with WHOLE HOME surge protection installed in this unit! An oversized patio welcomes you with a large exterior storage unit for beach chairs, bikes, and coolers. Inside, the unit is being sold TURN-KEY FURNISHED for your convenience offering 2 bedrooms, 2 bathrooms, a large interior laundry closet, spacious kitchen with generous cabinet space and a pass-through window that opens to the dining room and living room. Maintenance, lawncare, painting, roofing, INSURANCE and more are all covered by the HOA, saving you both the labor and cash! If you're ready to call Palm Manor home, schedule a showing today.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 2
  • Amenities: Clubhouse
  • Rooms: 8
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Closet
  • Complex: PALM MANOR PH 02
  • Year Built: 1986
  • Approx Sq. Feet: 1,056
  • Est. Taxes: $2,456
  • Condo Fee: $1,650 Quarterly
  • Pet Policy: No
  • Appliances: Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: D6130572
  • Days on Market: 392 days
  • Website: https://www.raveis.com
    /prop/D6130572/1531placidaroad_englewood_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 6/15/2024 5:32:27 PM)
Listing courtesy of KELLER WILLIAMS REALTY GOLD   Phone: 941-473-7399

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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:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
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1531 Placida ROAD, #5-201, Englewood, FL, 34223

$224,950

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 $179,960 $179,960 $179,960
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.875% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.737% 7.055% 6.120%
Monthly Tax Payment $205 $205 $205
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,167 $1,182 $1,506
Total Monthly Payment $1,447 $1,462 $1,786

* 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.