3516 Lake Bayshore DRIVE, #109, Bradenton, FL, 34205 | $165,000

Bayshore on the Lake is a vibrant community offering resort-style living for adults aged 55 and over, all at an affordable price. Residents enjoy an impressive range of amenities, including a stunning clubhouse overlooking the lake, a heated swimming pool, shuffleboard courts, a library, kayak storage with a dock for launching, fishing opportunities, and much more.

This rarely available first-floor corner unit offers a serene tropical view and is move-in ready! The meticulously maintained unit features:

A beautifully renovated kitchen with appliances approximately three years old.
A three-year-old air conditioning system and a one year old water heater.
Newer Acacia engineered hardwood flooring, professionally installed at a cost of nearly $6, 400.
The thoughtfully designed interior includes a spacious living and dining room combination that opens into a fully glass-enclosed Florida room. The Florida room also boasts a storage closet and a separate washer/dryer closet.

The split-bedroom layout provides privacy and comfort:

The master suite is located at the rear, featuring a dressing alcove, a large walk-in closet, and an ensuite bathroom.
Guests will enjoy their own private quarters, complete with an adjacent bath.
This fully furnished unit has been a perfect setting for the current owners to enjoy numerous holiday functions, social events, card games, and organized outings.

Bayshore on the Lake is known for its exceptional amenities and active lifestyle, making it one of the most desirable communities on Florida’s west coast. Don’t miss your chance to view this stunning home!

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 5
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Closet
  • Complex: BAYSHORE ON THE LAKE APTS II SEC 3
  • Year Built: 1980
  • Approx Sq. Feet: 1,144
  • Est. Taxes: $1,603
  • Condo Fee: $575 Monthly
  • Adult Communities: Yes
  • Pet Policy: No
  • Appliances: Dishwasher, Dryer, Electric Water Heater, Refrigerator, Washer
  • MLS#: A4629184
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4629184/3516lakebayshoredrive_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 11/17/2024 9:32:26 PM)
Listing courtesy of SARABAY REAL ESTATE INC   Phone: 941-355-7696

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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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Our Insurance Division:

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3516 Lake Bayshore DRIVE, #109, Bradenton, FL, 34205

$165,000

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 $132,000 $132,000 $132,000
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 $134 $134 $134
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $900 $877 $1,132
Total Monthly Payment $1,109 $1,086 $1,341

* 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.