8509 MONARCH PLACE, Palmetto, FL, 34221 | $265,000

Under contract-accepting backup offers. Wake up to peaceful panoramic pond views in this beautifully maintained, furnished home located in the highly desirable 55+ community of Imperial Lakes Estates. Perfectly positioned on a premium lot, this charming retreat offers 1, 352 square feet of comfortable, light filled living space designed for easy Florida living. From the moment you enter, you are welcomed by an expansive living and sunroom surrounded by twelve oversized windows that showcase breathtaking water views and flood the home with natural light. The seamless connection between indoor and outdoor living creates a bright and relaxing atmosphere perfect for both everyday living and entertaining. The updated kitchen features stainless steel appliances, generous counter space, and a functional layout, along with space for a built in desk workspace ideal for staying organized or working from home. The spacious primary suite offers comfort and privacy, while the additional bedroom and bathrooms are well appointed for guests. Thoughtfully updated for efficiency and peace of mind, this home includes a new AC in 2023, a new hot water heater in 2022, and a newer roof installed in 2022. The sunroom overlooking the pond provides the perfect setting to enjoy Florida’s beautiful weather year round, whether you are enjoying morning coffee, birdwatching, or relaxing in the evening. Exterior highlights include fresh exterior paint, a double carport with an extended driveway, and a large outside storage and laundry area offering plenty of space for tools, hobbies, and additional storage. The tranquil water views and peaceful surroundings enhance the overall charm of this property. Located in the vibrant and friendly Imperial Lakes Estates community, residents enjoy an active and social lifestyle with amenities including water aerobics three times per week, a pickleball league, and a variety of community events. The low HOA fee includes cable and internet, adding convenience and exceptional value. Conveniently located near shopping, dining, medical facilities, and major highways, this move in ready, fully furnished waterfront home offers the perfect combination of comfort, lifestyle, and location. Do not miss this rare opportunity to own a beautifully maintained pond view home in one of the area’s most sought after 55+ communities. Schedule your private showing today.

Features

  • Amenities: Cable TV, Clubhouse, Gated, Pool, Recreation Facilities, Shuffleboard Court, Spa/Hot Tub, Tennis Court(s)
  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Outside
  • Year Built: 1986
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,352
  • Acreage: 0.22
  • Est. Taxes: $2,217
  • HOA Fee: $544 Quarterly
  • Lot Desc: Cul-De-Sac
  • View: Trees/Woods, Water
  • Adult Communities: Yes
  • Pet Policy: Yes
  • Appliances: Built-In Oven, Cooktop, Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
  • MLS#: A4682504
  • Days on Market: 9 days
  • Website: https://www.raveis.com
    /prop/A4682504/8509monarchplace_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 3/1/2026 2:04:42 AM)
Listing courtesy of LESLIE WELLS REALTY, INC.   Phone: 941-776-5571

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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8509 MONARCH PLACE, Palmetto, FL, 34221

$265,000

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 $212,000 $212,000 $212,000
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 $185 $185 $185
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,171 $1,254 $1,690
Total Monthly Payment $1,431 $1,514 $1,950

* 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.