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Location is everything at this highly desirable Bermuda Bay Club on sought-after Gulf Drive in Bradenton Beach, this exceptional 3-bedroom, 2. 5-bath townhome is calling your name! The unique end unit location overlooks the pool thru the mangroves creating spacious natural ambience. Open bright floor plan living area w/ ceramic plank tile flooring for easy clean up. Sliders off the dining area & living room plus bonus window allow natural light to bathe the room in sunshine. With views from both the Gulf and the Bay from the private deck featuring Trex decking and heavy duty Amish plywood outdoor furniture, you will never want to leave. The updated kitchen features custom cabinetry, quartz countertops, and newer appliances, gorgeous light fixtures while all bathrooms have been completely remodeled with quality finishes and modern design. All updated impact windows and slider doors throughout including the garage door. Upstairs spacious primary ensuite includes its own private deck w/Gulf and Bay views. The other two bedrooms consist of a bunk bed (queen and Xlong twin) and the other a Queen Murphy bed giving plenty of room for guests and share a full bathroom. For peace of mind, Milestone inspection completed, and all building inspections current and up to date within a healthy, well-maintained condominium community. Community pool and Fishing pier to Bay side. Walk across the street to the beach with easy crosswalk. Trolley stop directly in front for easy access to hop on and go explore. Two car garage is perfect for storing bicycles, kayaks & all your beach toys. Convenient main floor laundry & powder room. Bermuda Bay Club amenities include a heated pool, barbecue area, private bayfront access path, and deeded beach access directly across the street providing the resort style experience today's vacation guests are searching for. This offers a rare opportunity for investors seeking strong income potential combined with long-term value appreciation. Anticipated annual gross revenue from rentals approaching $100K annually. Investment opportunities with updated systems, reduced deferred maintenance concerns, oversized garage space, beach access, water views, and prime island location are increasingly difficult to find. Don’t miss out on your opportunity to own a high-demand coastal property in one of Bradenton Beach's most desirable communities. Offered turnkey furnished with a few seller exclusions.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,225,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $980,000 | $980,000 | $980,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.875% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.312% | 6.361% | 6.183% |
| Monthly Tax Payment | $871 | $871 | $871 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,797 | $6,034 | $8,270 |
| Total Monthly Payment | $6,793 | $7,030 | $9,266 |
* 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.