Under contract-accepting backup offers. Make a lifestyle change with the ease and comfort of a move to The Palms of Cortez. *** BRAND NEW MODERN FLOORING (APRIL 2024)*** THIS REMODELED, top floor unit with gorgeous tree lined views is just behind the gates of a meticulously kept resort style community. The unit itself was renovated by its current owner in 2023 with UPDATED KITCHEN, cabinets, hardware, lighting, and fixtures. Additionally, the whole unit has BRAND NEW FLOORING and fresh paint throughout. The 750 sqft condo lives big with an open concept layout, spacious living room and dining room, a lovely screened in lanai and has a ton of natural light! The primary bedroom is complete with a walk-in closet and an attached en-suite bathroom. There is also dedicated unit laundry with washer and dryer included. The LOCATION IS PRIME: only 5. 7 miles to Bradenton Beach and a mere 5 miles to the exciting restaurants, live music and shops of Bridge Street, and within 10 miles of a wide variety of options for local adventures to explore! With the low HOA fee of $182. 82/month, The Palms of Cortez offers a wide array of amenities to include a large community pool, tennis courts, fitness center, playground, a clubhouse as well as exterior/grounds/pool maintenance, manager, pest control, and waste. UPDATES: BRAND NEW FLOORING (APRIL 2024), FULLY REMODELED KITCHEN 2023, KITCHEN APPLIANCES 2023, HVAC 2017, and WATER HEATER (2017). Call today to schedule your tour!
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Our Executive Mortgage Banker:
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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 | $150,000 | $150,000 | $150,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.945% | 7.133% | 6.256% |
Monthly Tax Payment | $192 | $192 | $192 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,023 | $997 | $1,265 |
Total Monthly Payment | $1,290 | $1,264 | $1,532 |
* 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.