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Charming 2-Bedroom Condo in the Gated Palms of Cortez Community & SELLER OFFERING TO PAY FOR TITLE.
Discover comfort and convenience in this inviting second-floor condo, located in the highly desirable Palms of Cortez gated community in the heart of Bradenton. This 2-bedroom, 1-bathroom unit features modern vinyl plank flooring throughout, creating a sleek and stylish living space. The bright and open corner layout is filled with natural light, offering a warm and welcoming atmosphere.
Step outside to enjoy the spacious screened-in patio, perfect for relaxing and enjoying the peaceful surroundings. Residents of this tranquil community have access to a variety of resort-style amenities, including a swimming pool, fitness center, clubhouse, and tennis courts.
For added peace of mind, the HVAC system was replaced in 2020. The location is unbeatable—just a short drive to the stunning beaches of Anna Maria Island and Bradenton, and close to parks, shopping, dining, and entertainment.
Currently tenant-occupied, this property presents an excellent investment opportunity with immediate rental income potential. Whether you’re looking for a primary residence or a profitable rental, this condo is a fantastic find!
Don’t wait—schedule your showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$195,900
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $156,720 | $156,720 | $156,720 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.625% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.109% | 7.166% | 6.268% |
Monthly Tax Payment | $224 | $224 | $224 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,004 | $1,042 | $1,322 |
Total Monthly Payment | $1,303 | $1,341 | $1,621 |
* 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.