5619 Bayshore ROAD, #232, Palmetto, FL, 34221 | $99,000

MOTIVATED SELLER is accepting all offers! Handy man and investor opportunity. The 55+ community of Terra Ceia is land owned with no lot rent. The low monthly HOA fee of $164 includes water, lawn care, trash and park amenities including the community pool, horseshoes and shuffleboard. Also enjoy activities such as coffee hour, poker, bridge, bingo, game night and potluck dinner just to name a few. This charming 2 bed 2 bath is located on a quiet street yet close to the amenities. The master bedroom has an ensuite and a walk in closet. All furniture in the unit is also included which have no monetary value. The front of the home lost the roof on the Florida room during hurricane Milton so the property is being sold "As Is. " (pictures included. ) There are also water stains on the ceiling inside the property located in the kitchen and living room. This is a great opportunity for someone handy or an investor to complete the repairs themselves. It's conveniently located close to everything like I75, I275, beaches, restaurants, shopping and the famous Peggy's Corral.

Features

  • Amenities: Clubhouse, Pool, Shuffleboard Court
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Room
  • Year Built: 1979
  • Heating: Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,152
  • Acreage: 0.09
  • Est. Taxes: $870
  • HOA Fee: $164 Monthly
  • Adult Communities: Yes
  • Pet Policy: No
  • Appliances: Built-In Oven, Cooktop, Dryer, Electric Water Heater, Refrigerator, Washer
  • MLS#: OM671239
  • Days on Market: 142 days
  • Website: https://www.raveis.com
    /prop/OM671239/5619bayshoreroad_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 11/23/2024 1:17:11 PM)
Listing courtesy of REALTY ONE GROUP EPIC   Phone: 352-644-1057

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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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5619 Bayshore ROAD, #232, Palmetto, FL, 34221

$99,000

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 $79,200 $79,200 $79,200
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 $73 $73 $73
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $527 $526 $679
Total Monthly Payment $674 $673 $826

* 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.