7518 Marsh Orchid CIRCLE, #9-202, Bradenton, FL, 34203 | $309,000

Under contract-accepting backup offers. Experience serene living in this charming 2-bedroom, 2-bath + den or extra bedroom condominium with an attached 1-car garage (including overflow storage), nestled in the desirable Tara Preserve community in Bradenton, Florida. This condo offers a spacious, open floor plan enhanced by soaring vaulted ceilings, neutral paint colors and elegant Hickory Hardwood Flooring throughout living spaces, excluding the kitchen, bedrooms and den. The bright and airy interior flows seamlessly to an oversized, screened-in lanai, where you can enjoy tranquil, natural views—ideal for relaxing or unwinding after a day of work or golf. The primary bedroom features a private access to the lanai, spacious master bathroom and large walk-in closet adding a touch of luxury to your retreat. Tara Preserve is renowned for its extensive amenities, including an 18-hole golf course, pickleball and tennis courts, a clubhouse, pro-shop, driving range, and a community pool. Enjoy golf at your leisure with pay-as-you-play options or choose from various golf packages. Recent upgrades include the replacement of all roofs, so you can rest easy without concerns about roof assessments. The Orchid Cove community also boasts its own pool, and maintenance-free living is provided for a quarterly fee of $1165. Additional benefits include CDD fees of $434. 33 included in the taxes and a yearly fee of $986. 61 covering Comcast Cable TV, HBO, ESPN, music channels, and high-speed internet at a low cost of approx. $56. Conveniently located with easy access to I-75, Bradenton/Sarasota International Airport, and a short drive to UTC Mall, downtown Sarasota, the Ringling Museum, and some of Southwestern Florida's most beautiful beaches, including the acclaimed Siesta Key Beach. Discover not just a home, but a lifestyle in Tara Preserve, where Florida Country Club living reaches its pinnacle. Virtual pictures in the bedrooms and great room illustrate the potential and scale of the spaces. Buyers are encouraged to verify Condo and Lease restrictions.

Features

  • Heating: Central
  • Cooling: Central Air
  • Levels: 1
  • Amenities: Cable TV, Clubhouse, Golf Course, Other, Pool, Tennis Court(s), Trail(s)
  • Rooms: 7
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside
  • Complex: ORCHID COVE
  • Year Built: 2003
  • Approx Sq. Feet: 1,398
  • Est. Taxes: $2,059
  • Condo Fee: $1,165 Quarterly
  • View: Trees/Woods, Water
  • Elem. School: Tara Elementary
  • Middle School: Braden River Middle
  • High School: Braden River High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: TB8300780
  • Days on Market: 11 days
  • Website: https://www.raveis.com
    /prop/TB8300780/7518marshorchidcircle_bradenton_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 9/19/2024 6:49:59 PM)
Listing courtesy of Coastal Properties Group   Phone: 727-493-1555

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NMLS Mortgage Loan Originator ID 16953

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7518 Marsh Orchid CIRCLE, #9-202, Bradenton, FL, 34203

$309,000

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 $247,200 $247,200 $247,200
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 $172 $172 $172
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,502 $1,502 $1,954
Total Monthly Payment $1,749 $1,749 $2,201

* 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.