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Welcome to this charming traditional ranch home, ideally located just minutes from Anna Maria Island beaches! Nestled in the peaceful Palma Sola Park neighborhood, this spacious single-story residence offers over a third acre of mature grounds, an extra-large in-ground pool with a covered patio, and a recently updated pool cage and screens. The home features a formal living room with plenty of light, a formal dining room with French doors, and a family room with a dining space. The family room// features a beautiful wood-burning stone-faced fireplace and French doors. The primary bedroom has an ensuite bath with a shower, a walk-in closet, French doors, and pool area access. All three of the French doors open up to the covered pool and lanai area. The second and third bedrooms have built-in closets. The hallway has another full bath with a tub/shower combination. Both bathroom vanities and lighting fixtures have been updated. The kitchen has a view of the pool and a built-in pantry. The two-car garage features a full workshop, cabinet storage, attic access, an extra refrigerator, and a washer and dryer. The large backyard has ample room for a shed, a small accessory structure, or a playground. This home had a brand new roof installed in 2024, HVAC in 2023, updated interior/exterior electrical system, and new replumb from the home to the county connection. The home is down the street from Rose Park, where you can catch spectacular sunset views and watch dolphins play, and just a few blocks from the Palma Sola Bay causeway, featuring a dog-friendly beach and boat ramp. Two private golf clubs and two public courses are just a few miles away. Palma Sola Park is a desirable enclave of beautiful homes close to shopping, fine dining, and island fun! The basin at the southern edge of the neighborhood is home to the Palma Sola Yacht Club, which rents boat slips to residents on a first-come, first-served basis. The homes in Palma Sola Park include many of the original 1920s Spanish-Mediterranean-style houses, mid-century homes, contemporary-style homes, and waterfront mansions. Palma Sola Park has an established and active social club with events throughout the year. The neighborhood has proximity to Robinson Preserve, offering over 600 acres for biking, hiking, and kayaking. There are no deed restrictions in Palma Sola Park, which also makes this area so attractive. Come take a look at one of the most affordable homes in this gorgeous and historic neighborhood.
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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 | $460,400 | $460,400 | $460,400 |
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 | 7.083% | 7.063% | 6.152% |
Monthly Tax Payment | $509 | $509 | $509 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,910 | $3,025 | $3,854 |
Total Monthly Payment | $3,511 | $3,626 | $4,455 |
* 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.