1050 Riverside DRIVE, #A201, Palmetto, FL, 34221 | $350,000

Welcome to Regatta Pointe, where you can enjoy the best of Florida living year-round. This 2-bedroom, 2-bath condo offers a spacious and comfortable layout, with two private balconies to enjoy the stunning sunrises and sunsets.

The kitchen is equipped with solid wood cabinets, granite countertops, and stainless steel appliances, plus additional cabinet space in the dining area. The open floor plan connects the kitchen to the dining room and living room, creating a great flow for everyday living. To the right, you’ll find a family room that’s perfect for relaxing or entertaining.

The owner’s bedroom is roomy and inviting, with direct access to the balcony and lovely views. The ensuite bathroom offers a tub, walk-in shower, and plenty of counter space. The second bedroom is conveniently located near the second bathroom, and there’s a dedicated laundry area nearby.

For added peace of mind, the condo includes electronic roll-down hurricane shutters, a TV-monitored call box, a keyed lobby entrance, and indoor garage parking with one assigned parking spot.

Regatta Pointe is ideally located for boat enthusiasts, right across from Regatta Pointe Marina, with no bridges to the Intracoastal or Gulf of Mexico. You’ll also love being close to the Riverhouse Waterfront Restaurant, downtown Palmetto, Sutton Park, the Riverwalk, and local shops and restaurants.

On-site amenities include a heated community pool, fitness center, and a 6th-floor Garden Room with more great views, a full kitchen, and space for gatherings. Plus, the beach is just 10 miles away, with Anna Maria Island and other gulf beaches within easy reach.

Regatta Pointe offers a great location, secure living, and plenty of amenities to help you enjoy Florida to the fullest.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 6
  • Amenities: Elevator(s), Fitness Center, Pool
  • Rooms: 6
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Complex: REGATTA POINTE PH I
  • Year Built: 1984
  • Approx Sq. Feet: 1,821
  • Est. Taxes: $6,430
  • Condo Fee: $1,146 Monthly
  • View: Water
  • Elem. School: Palmetto Elementary-MN
  • High School: Palmetto High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: TB8318747
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/TB8318747/1050riversidedrive_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 11/16/2024 5:17:07 PM)
Listing courtesy of CARTWRIGHT REALTY   Phone: 813-333-6698

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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

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1050 Riverside DRIVE, #A201, Palmetto, FL, 34221

$350,000

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 $280,000 $280,000 $280,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.582% 7.159% 6.518%
Monthly Tax Payment $536 $536 $536
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,910 $1,861 $2,401
Total Monthly Payment $2,521 $2,472 $3,012

* 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.