2863 Trinidad WAY, Palmetto, FL, 34221 | $539,900

**CALLING ALL BOATING ENTHUSIASTS! ** Imagine starting each day with breathtaking, MILLION DOLLAR VIEWS from this hidden WATERFRONT gem on TERRA CEIA BAY. From the comfort of your living room, you can watch dolphins and manatees as they swim by, adding a touch of nature's magic to your daily routine. This spectacular oasis, set on a spacious double lot with 165 feet of water frontage, offers panoramic bay views and jaw-dropping sunsets from every corner of the home. For those who cherish life on the water, this property is a dream realized. Equipped with three docks and a 10, 000 lb. boat lift, it's perfect for boaters, offering direct access to the Gulf of Mexico without any bridge restrictions. USE 1 DOCK AND RENT THE OTHERS OUT FOR ADDTIONAL INCOME or rent them all out!! Additional peace of mind comes with a BRAND-NEW ROOF featuring a transferable lifetime warranty, hurricane straps, and flood insurance that can also be transferred to the new owner. Situated in the exclusive Tropic Isles community, this property offers the rare advantage of land ownership with no lot rent, as it's not under co-op governance. With HOA fees at just $100 per year, the home spans 1, 674 square feet of thoughtfully designed living space. Inside, you'll find 2 bedrooms, 2 bathrooms, gorgeous hardwood floors, and an open-concept layout ideal for entertaining. Recent updates include a NEW AC system with a 10-year warranty, a NEW HOT WATER HEATER, an oversized carport, a DETACHED ONE-CAR GARAGE, and a utility shed for additional storage. Tropic Isles is one of Florida’s most unique boating communities, providing direct access to both Tampa Bay and the Gulf of Mexico. This vibrant neighborhood is alive with activities—from parties and dances to golf, softball, and more. Plus, you’re just 12 miles from the pristine beaches of Anna Maria Island and only minutes away from the tranquil Emerson Point Nature Preserve. Surrounded by waterfront dining options offering fresh seafood and picturesque sunset views, this property captures the essence of old Florida living. It's a boater’s paradise and a true slice of coastal charm!

Features

  • Amenities: Clubhouse, Lobby Key Required, Park, Pickleball Court(s), Pool, Recreation Facilities, Shuffleboard Court, Spa/Hot Tub
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Room
  • Year Built: 2001
  • Garage: 1-car Covered, Driveway
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,674
  • Acreage: 0.16
  • Est. Taxes: $3,015
  • HOA Fee: $100 Annually
  • Lot Desc: Flood Insurance Required, FloodZone, In County, Level
  • View: Water
  • Adult Communities: Yes
  • Elem. School: Palmetto Elementary-MN
  • Middle School: Lincoln Middle
  • High School: Palmetto High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator
  • MLS#: T3552365
  • Days on Market: 5 days
  • Website: https://www.raveis.com
    /prop/T3552365/2863trinidadway_palmetto_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 9/20/2024 4:33:07 AM)
Listing courtesy of ASSIST 2 SELL THE ESHACK TEAM   Phone: 813-400-1395

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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:

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2863 Trinidad WAY, Palmetto, FL, 34221

$539,900

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 $431,920 $431,920 $431,920
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $251 $251 $251
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $2,624 $2,624 $3,413
Total Monthly Payment $2,967 $2,967 $3,756

* 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.