140 Riviera Dunes WAY, #PH 1401, Palmetto, FL, 34221 | $1,995,000

One of a kind, completely remodeled Penthouse with unparalleled views from nearly every room. Possibility exists for a turn key purchase as well as a 35’ Boat Slip (2021 - 10, 000lb lift! This just under 4, 000 sq ft home has three separate balconies that provide panoramic views that are simply incredible! The main rooms face the most desirable east and south to afford you magical sunrise views, plus views that allow you to see the Manatee River, the Riviera Dunes Marina and harbor as well as distant views of the Skyway Bridge, Tropicana Dome, St Petersburg and the view of downtown Sarasota! This penthouse was completely remodeled in 2018/2019 including a Chefs dream kitchen, all new appliances, and built in custom cabinetry throughout with much attention to every detail. The living room was completely updated as well featuring a wall to wall custom entertainment center, a separate built in bar/refreshment area with plenty of room to display your favorite treasures. The master suite includes a private balcony, a sitting area, as well as a separate area that includes a second private office and/or exercise area. This bedroom features custom "black out" motorized shades and views that will amaze you as you look out at all the boats coming and going on the beautiful Manatee River. The main guest bedroom with king size bed features its own private entrance to the huge balcony where your guests can step out and enjoy their morning coffee while they watch the beautiful Florida sunrises appear each morning. The third bedroom has been redesigned with a custom wall to wall built in unit that includes TWO separate hidden twin beds that pull down and when not in use becomes additional room to use as you wish for your favorite hobbies or perhaps an exercise room. All of the bedrooms have their own private bathrooms as well as walk in closets with incredible storage in every room. This home has been set up so that with a touch of a button you can raise or lower all of the shades throughout the living room, dining room, kitchen, master bedroom and adjacent office. The office features its own private balcony where you can literally see for miles and miles! Watch the cruise ships off in the distance as they navigate under the Skyway Bridge or view St. Petersburg & Tampa Bay to enjoy their skylines. This Penthouse also includes an oversized private two car garage with workshop, 17 foot ceilings and built in storage everywhere! In addition this unit comes with a third parking space under the building garage for you or your guests to keep that 3rd car completely protected from the elements. Unmatched in rich amenities, Riviera Dunes offers a nine-seat theatre, social room with kitchenette, and reasonably priced guest apartments in each tower, three pools, spas, outdoor grills and kitchens, lake, fitness center, and tennis courts in connection to the optional marina membership that features 35' to 110' wet slips to house your boat on 18' deep water frontage, and Dockside restaurant - all within a half-hour drive to Tampa, St. Petersburg, and Sarasota. This extraordinary opportunity is an incredible value with views that cannot be matched. Words cannot properly represent this unique opportunity to own this one of a kind luxury penthouse. An exceptional value, exceptional condition … come take a look!

Features

  • Elevator: Y
  • Heating: Central
  • Cooling: Central Air
  • Levels: 15
  • Amenities: Basketball Court, Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Pool, Recreation Facilities, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Rooms: 7
  • Bedrooms: 4
  • Baths: 4 full
  • Laundry: Inside, Laundry Room
  • Complex: BEL MARE PH II
  • Year Built: 2007
  • Approx Sq. Feet: 3,871
  • Acreage: 1.38
  • Est. Taxes: $14,870
  • Condo Fee: $4,100 Quarterly
  • Lot Desc: Near Marina, Private, Sidewalk
  • View: Water
  • Pet Policy: Number Limit, Size Limit, Yes
  • Appliances: Dishwasher, Dryer, Freezer, Microwave, Range, Refrigerator, Washer
  • MLS#: D6135622
  • Days on Market: 10 days
  • Website: https://www.raveis.com
    /prop/D6135622/140rivieradunesway_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 8:02:10 PM)
Listing courtesy of GULF COAST INTERNATIONAL PROP   Phone: 941-964-1778

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140 Riviera Dunes WAY, #PH 1401, Palmetto, FL, 34221

$1,995,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,596,000 $1,596,000 $1,596,000
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 $1,239 $1,239 $1,239
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $10,753 $10,485 $14,123
Total Monthly Payment $12,117 $11,849 $15,487

* 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.