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Discover the ultimate Florida lifestyle in this stunning resort-style condo in the exclusive gated community of Palma Soma Bay Club! Nestled just 10 miles from the pristine beaches of Anna Maria Island. This luxury condo offers the best of both worlds-serene nature and vibrant city life. Step into this elegant first-floor unit and take in the private balcony view of Charlotte Lake, where nature greets you every morning. The second balcony showcases a stunning preserve view with glimpses of Palma Sola Bay, making this home a peaceful retreat. Inside you will find luxury vinyl plank flooring, glass impact windows, and plantation shutters throughout, adding warmth and elegance. Freshly painted interiors give the space a modern and move-in ready appeal. A fire sprinkler has been installed in each room of the home. This feature may qualify for an additional credit on your homeowners insurance and potentially lowering your premium. The upscale kitchen features light color cabinetry, a travertine backsplash, and a sleek granite countertops, creating the perfect space for cooking and entertaining. The extra feature of USB port was installed in the kitchen for your convenience. Enjoy exclusive access to a two-story Key West style clubhouse just a short walk from your unit. The community pool, fire pit, and grilling pavilions make gatherings a breeze, while the bocce court and putting green provide endless entertainment from 8 am to 10 pm. For outdoor lovers, the observation deck and kayak launch on Palma Sola Boulevard are perfect for morning paddles. Plus, your gated storage locker and protected kayak storage make adventuring even more convenient! This condo comes with two covered parking spaces and a private storage room, all located directly underneath the building. Plus, there is an elevator that takes you right to the first floor -what a luxury comfort and easy access with a first floor location. This is a pet friendly community- two pets up to 100 lbs. are welcome. Minutes form shopping, fine dining and Florida's best beaches! An unbeatable Buyers bonus!- THE SELLERS ARE GENEROUSLY OFFERING a $25, 000 CONTRIBUTION toward brand new appliances, a water heater, or an AC unit upgrade ensuring your home is as modern and comfortable as you desire! This is a perfect place to live every day like you're on vacation!
Don't wait-schedule your private tour today and make this dream condo your reality!
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Our Executive Mortgage Banker:
Our Insurance Division:
$560,000
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
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $448,000 | $448,000 | $448,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.058% | 7.063% | 6.132% |
Monthly Tax Payment | $206 | $206 | $206 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,832 | $2,943 | $3,750 |
Total Monthly Payment | $3,130 | $3,241 | $4,048 |
* 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.