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Palma Sola Shores Paradise 55 and over Community – Location Is Everything! Welcome to this rare, land-owned gem in the highly desirable Palma Sola Shores community. This special wide lot offers exceptional privacy and a rare expansive backyard oasis—something very few homes here can claim. The stunning paver patio spans the full width of the home, creating the perfect space for outdoor entertaining, relaxing, or soaking up the Florida sunshine. An outdoor shower adds the perfect coastal touch for rinsing off after a day at the beach. Inside, you’ll find a rare and spacious 3-bedroom, 2-bath layout with generously sized rooms and endless possibilities to design the space to fit your lifestyle and dreams. Extensive upgrades have been done to include, newer windows thruout most of home, new siding, a roof over, and stunning landscaping featuring new irrigation, rocks, and pavers. In addition walk inside to the beautiful vinyl flooring thruout home and new subflooring. The kitchen features appliances almost new barely used. This home is light and bright! This home truly offers a blank slate with ample square footage, allowing you to customize and optimize every area to suit your needs. The highlights here are undeniable—space, location, and a private outdoor retreat waiting for its new owners. Just minutes from the beautiful Gulf beaches, this vibrant community is ideally situated between Anna Maria Island and Bradenton Beach. Enjoy stunning west-facing views of Palma Sola Bay right outside your front door, along with gentle coastal breezes that serve as a daily reminder of why this location is so special. Palma Sola Shores features a clubhouse, community pool, private dock, and kayak launch, all with a low HOA fee of just $286 a month, includes everything but the electric bill. This is true Florida coastal living at its finest. Paradise awaits!
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Our Executive Mortgage Banker:
Our Insurance Division:
$215,000
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
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $172,000 | $172,000 | $172,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.250% | 5.875% | 5.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.112% | 6.520% | 5.415% |
| Monthly Tax Payment | $164 | $164 | $164 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $950 | $1,017 | $1,371 |
| Total Monthly Payment | $1,189 | $1,256 | $1,610 |
* 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.