611 Riviera Dunes WAY, #702, Palmetto, FL, 34221 | $1,769,999

Rarely offered 2 story penthouse with elevator and private 2. 5 car garage with breathtaking panoramic views of the Manatee River! This is one of eight two story penthouses in the community and is over 4200sq ft under air. Take the elevator up to the top floor and open the front door and you will be stunned by the breathtaking views of the river, bridge, and sunset. The home has just completed a two year remodel. Practically everything is new! The kitchen cabinets, quartz counters, appliances, sinks, air conditioner, hot water heater, fans, fixtures, vanities, washer/dryer, built in closets, toilets, entertainment wall with fireplace, and even a custom built wine room! This home has a huge balcony upstairs. Part of that is covered for dining and entertainment and the rest is open for sun and lounging. Downstairs there is another balcony that is located off the master bedroom. The open floor plan offers floor-to-ceiling hurricane impact glass sliders, private interior elevator, his and her bathrooms and closets in the master, a den/office off the master, and more. The Fourth of July will be your new favorite holiday with the view of the fireworks from the balcony. You will get to see the Christmas boat parade as well as the boat races. It's really amazing with all the things that you can see that happen on the river from the balcony. The community amenities include a waterside heated pool and spa, club room, gym, covered pavilion for grilling, tennis and pickleball courts. This popular waterfront community is pet friendly, maintenance-free and allows boat access to Tampa Bay, the Intracoastal Waterway, and the Gulf of Mexico. The Laguna boat dock occasionally has slips available for sale or rent, as does the Riviera Dunes Marina next door. Located minutes to Gulf of Mexico beaches, dining, shopping, hospital, Emerson Point Preserve, Bradenton Riverwalk, Manatee Performing Arts Center, and the Riviera Dunes Dockside Social Bar & Grill at the marina to enjoy live entertainment. Easy access to downtown Sarasota, St. Petersburg, I-75 and I-275 with three major airports less than an hour away. Don’t miss out on this rare penthouse in Paradise.

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 2
  • Rooms: 5
  • Bedrooms: 3
  • Baths: 4 full / 1 half
  • Laundry: Laundry Room
  • Complex: LAGUNA AT RIVIERA DUNES IV
  • Year Built: 2007
  • Common Charge: $5,494 Quarterly
  • Approx Sq. Feet: 4,244
  • Est. Taxes: $21,428
  • Pet Policy: Cats OK, Dogs OK, Size Limit
  • Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Kitchen Reverse Osmosis System, Microwave, Range, Refrigerator, Washer
  • MLS#: A4601042
  • Days on Market: 77 days
  • Website: https://www.raveis.com
    /prop/A4601042/611rivieradunesway_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 5/16/2024 6:47:09 PM)
Listing courtesy of NEW ALLIANCE GROUP REALTY   Phone: 941-504-9829

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NMLS Mortgage Loan Originator ID 16953

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611 Riviera Dunes WAY, #702, Palmetto, FL, 34221

$1,769,999

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,415,999 $1,415,999 $1,415,999
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.875% 6.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.851% 6.989% 6.936%
Monthly Tax Payment $1,786 $1,786 $1,786
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $9,540 $9,302 $12,530
Total Monthly Payment $11,451 $11,213 $14,441

* 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.