803 50th Avenue TERRACE W, Bradenton, FL, 34207 | $100,000

Under contract-accepting backup offers. Step into your very own slice of PARADISE within this vibrant 55+ community of Fair Lane Acres with LOW HOA FEES! Forget about lot rent - here, you OWN THE LAND outright. This cozy 2-bedroom, 1-bathroom home exudes irresistible charm and comes TURN-KEY FURNISHED plus is even PET FRIENDLY! Enjoy the welcoming presence of a spacious FRONT PORCH, inviting you to relax and soak in the tranquil atmosphere of this delightful home. Upon entering, you will appreciate the OPENNESS of a living room, with new luxury vinyl plank flooring, and dining room option that flows freely into the kitchen area. The kitchen is tastefully designed with ADDED CHARACTER throughout. EACH bedroom is equally SPACIOUS and ready for all your final touches. Experience the convenience of an INSIDE UTILITY room and ample storage space, including EXTRA CLOSETS, ensuring that all your organizational needs are effortlessly met with ease. Unwind in the SUNROOM, a versatile space currently utilized as a WORKSHOP, where NATURAL LIGHT streams in, fostering creativity and productivity in your projects. Live here year around or seasonally! Rentals are allowed after 2 years of ownership. This community prioritizes leisure and companionship, providing an array of amenities to suit an active lifestyle. Dive into the refreshing community pool, engage in friendly games on the shuffleboard or pickleball courts, and partake in exciting social events that foster lasting friendships. Conveniently located near Gulf beaches, shopping, and various golf venues, this tropical paradise awaits you. Don't let this opportunity slip away - make it yours today!

Features

  • Amenities: Pool, Shuffleboard Court, Tennis Court(s)
  • Rooms: 3
  • Bedrooms: 2
  • Baths: 1 full
  • Lot Size: 40 x 65
  • Laundry: Inside, Laundry Room
  • Style: Florida
  • Year Built: 1960
  • Garage: Covered, Driveway
  • Heating: None
  • Cooling: Central Air
  • Approx Sq. Feet: 420
  • Acreage: 0.06
  • Lot Size: 40 x 65
  • Est. Taxes: $253
  • HOA Fee: $135 Monthly
  • Lot Desc: Near Public Transit
  • Adult Communities: Yes
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Electric Water Heater, Microwave, Range, Refrigerator
  • MLS#: A4605492
  • Days on Market: 22 days
  • Website: https://www.raveis.com
    /prop/A4605492/80350thavenueterracew_bradenton_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 5/15/2024 4:32:10 PM)
Listing courtesy of KELLER WILLIAMS ON THE WATER   Phone: 941-729-7400

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:

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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

803 50th Avenue TERRACE W, Bradenton, FL, 34207

$100,000

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 $80,000 $80,000 $80,000
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 $21 $21 $21
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $546 $532 $675
Total Monthly Payment $642 $628 $771

* 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.