**Welcome to 906 Tropical Drive, Bradenton, FL—A Boater's Dream Residence!** This well-maintained 4-bedroom, 2. 5-bath home is a true gem, offering easy access to the Manatee River and the Gulf via a nearby public Manatee boat launch located off 64. Bring your boat and park it conveniently alongside your new residence. As you arrive, a majestic oak tree greets you, sitting on . 44 acre lot, wood-fenced backyard that provides both privacy and a safe, spacious area for dogs or children to play. The master suite offers a serene retreat with a walk-in closet, while the large front room, currently serving as an art studio with river views, could easily be transformed into a cozy family room. This home has been meticulously cared for, ensuring it feels as good as it looks. The entrance makes a lasting impression with its brick walkway and hurricane-resistant double doors. Energy efficiency is another highlight, with a fully paid for Enphase solar panel system, all you have to do is enjoy the low electricity bills! Along with that a brand new roof was just completed. The A/C, hot water heater, kitchen appliances, washer, and dryer are all under 6 years old, providing comfort and reliability. A versatile screened workshop offers the perfect space for anyone. The exterior, freshly painted in 2022, adds to the home’s curb appeal. The residence offers the perfect blend of tranquility and accessibility. You’re just moments away from shopping, top-rated schools, and some of Florida’s most beautiful beaches, including Siesta Key and Anna Maria Island. With no deed restrictions, you have the freedom to truly make this space your own. Don’t miss the opportunity to experience the exceptional care, charm, and unique character of 906 Tropical Drive. Schedule your private tour today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$545,000
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 | $436,000 | $436,000 | $436,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 5.990% | 4.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.398% | 6.161% | 5.152% |
Monthly Tax Payment | $142 | $142 | $142 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,649 | $2,611 | $3,420 |
Total Monthly Payment | $2,883 | $2,845 | $3,654 |
* 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.