Experience breathtaking panoramic views of Palma Sola Bay and Florida's vibrant wildlife from this luxurious 3-bedroom condominium. Located in the Preserve at Palma Sola Bay Club, this residence is high and dry and had no damage from this year’s storms. One of the best condos in the community at an exceptional value. It also presents a fantastic investment opportunity. Just a short walk from the community's private dock that allows residents to have direct access to Palma Sola Bay for kayaking and paddleboarding. Upon entering, you'll immediately notice the meticulous upkeep and numerous upgrades, including high-impact double-pane windows, tile flooring throughout, wood cabinetry, granite countertops in both the kitchen and bathrooms, solid wood 8’ interior doors, and two covered balconies—one off the great room and the other off the master bedroom. The kitchen features stainless steel appliances, with the microwave vented to the exterior. Additional features include a separate storage unit and two assigned parking spaces in the under-building garage. The gated Palma Sola Bay Club community offers a wealth of resort-style amenities, including a community pool, fitness center, poolside bar, multiple grilling areas, billiards, lounge space, fire pits, dog park, and lush landscaping, and building elevators. The community is just a short distance from some of the best local beaches, and many residents bike to AMI and Bradenton Beach via Palma Sola Blvd. Shopping, dining, medical facilities, and RV/boat storage are all within easy reach. Don’t miss out on this exceptional opportunity—schedule your private showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$550,000
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 | $440,000 | $440,000 | $440,000 |
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 | $320 | $320 | $320 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,927 | $2,924 | $3,773 |
Total Monthly Payment | $3,339 | $3,336 | $4,185 |
* 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.