Discover the potential in this two-bedroom, two-bathroom condo nestled in the peaceful Lakeview community of Bradenton. Situated on the desirable first floor, this unit offers views of a tranquil pond, setting a picturesque backdrop for daily relaxation. Awaiting your personal touch, this condo presents a prime opportunity for a renovation to suit your style and preferences. The well-designed floor plan includes an in-unit laundry room for added convenience. Step outside to a private back patio, ideal for enjoying morning coffee or balmy Florida evenings. A storage closet on the patio provides additional space for your belongings. Residents of Lakeview enjoy access to a community pool, perfect for cooling off on warm Florida days. There is an assigned parking spot just steps away from your front door. Monthly fees cover basic cable and trash services. A key investment aspect is that the property must be owned for 2 years prior to leasing. Located just 15 minutes from Bradenton Beach, you'll have quick access to sun, sand, and surf. Explore a variety of nearby shopping centers and restaurants, offering everything from casual dining to boutique shops. Whether you're seeking a year-round residence or a vacation retreat, this property promises endless possibilities. Schedule your showing today and envision the potential waiting for you in Lakeview!
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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 | $90,000 | $90,000 | $90,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $21 | $21 | $21 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $599 | $591 | $759 |
Total Monthly Payment | $695 | $687 | $855 |
* 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.