Under contract-accepting backup offers. Welcome to Unit 204 in the Runaway Bay community – your turnkey furnished, coastal retreat in Bradenton Beach! Just steps from private Gulf access, this one-bedroom, one-bathroom condo offers partial bay views and an unbeatable location. Inside, the kitchen shines with upgraded countertops, a stylish backsplash, and newer appliances. The dining and living areas provide ample space for entertaining and relaxed evenings in. The spacious bedroom suite has ample space to unwind, a large walk-in closet, and direct access to lanai. Plus, the unit has brand-new Category Five hurricane impact windows, ensuring both comfort and security. While recent hurricanes impacted the community, Runaway Bay is being fully revitalized! Soon, residents will enjoy a refreshed, heated pool, updated clubhouse, and new tennis and pickleball courts, elevating your lifestyle even more. For outdoor lovers, there’s a community pier perfect for fishing and sunrise views, along with a kayak launch area for easy water access. Located near other local beaches, shopping, and dining, Unit 204 is ready to be your dream vacation getaway or an exceptional rental investment. Opportunities like this are rare, so reach out today to experience Bradenton Beach at its best—let’s make Unit 204 yours!
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Our Executive Mortgage Banker:
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $319,920 | $319,920 | $319,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $425 | $425 | $425 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,128 | $2,126 | $2,743 |
Total Monthly Payment | $2,628 | $2,626 | $3,243 |
* 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.