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501 Gulf DRIVE N, #214, Bradenton Beach, FL, 34217 | $425,000
Under contract-accepting backup offers. PRICED WELL BELOW MARKET VALUE. . . Bridgeport is entering into the final stages of a LARGE-SCALE BUILDING RENOVATION. . . $85K in SPECIAL ASSESSMENTS HAVE BEEN PAID BY THE SELLER!!! Bridgeport in Bradenton Beach, is a popular Gulf to Bay complex in the perfect location! You’ll love this 2 bedroom / 2 bath condo with partial views of the beautiful Gulf Beaches! This unit offers newer appliances, newer AC, new shaker kitchen cabinets, new quartz countertops, new washer & dryer, as well as a NEW ROOF! The Bridgeport community has a heated swimming pool, designated parking, and DEEDED BEACH ACCESS directly ACROSS THE STREET! Use the footpath under the Cortez Bridge and take a leisurely stroll to historic Bridge Street where you can enjoy shopping, dining, and vibrant Island nightlife! If this FANTASTIC LOCATION is not enough; take comfort in knowing that Bridgeport on Bradenton Beach is in the process of a massive renovation project. Bridgeport renovation project is expected to be completed by January 2025. Building Upgrades Include: New Roof, Concrete Repairs to entire building, New Exterior Railings, Resurfacing of All Walkways and Lanai’s, Repainting of the entire building, Renovate the pool area, Adding new lighting to the stair wells. Don’t wait too long as the prices of these units will go up after the renovation is complete! NOTE: Property Information received from third-party sources is considered reliable but is not guaranteed. All information should be independently verified by buyers and buyers' agent.
Features
- Elevator: Y
- Heating: Central
- Cooling: Central Air
- Levels: 1
- Rooms: 6
- Bedrooms: 2
- Baths: 2 full
- Laundry: Laundry Closet
- Complex: BRIDGEPORT
- Year Built: 1982
- Common Charge: $948 Monthly
- Approx Sq. Feet: 1,128
- Est. Taxes: $6,114
- Elem. School: Anna Maria Elementary
- Middle School: Martha B. King Middle
- High School: Manatee High
- Pet Policy: Yes
- Appliances: Dishwasher, Disposal, Dryer, Range, Refrigerator, Washer
- MLS#: A4629389
- Days on Market: 0 day
- Website: https://www.raveis.com
/prop/A4629389/501gulfdriven_bradentonbeach_fl?source=qrflyer
Listing courtesy of Compass Florida LLC Phone: 305-851-2820
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
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To learn more about our credentials, visit raveis.com today.
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
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance
860.690.5052
Robert.Reade@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
501 Gulf DRIVE N, #214, Bradenton Beach, FL, 34217
$425,000
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 | $340,000 | $340,000 | $340,000 |
| 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 | $510 | $510 | $510 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,319 | $2,260 | $2,915 |
| Total Monthly Payment | $2,904 | $2,845 | $3,500 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388