3551 Lake Bayshore Dr, #J116, Bradenton, FL, 34205 | $160,000

PRICE JUST REDUCED!! RARE OPPORTUNITY to own a FIRST FLOOR, END UNIT dream condo - a true gem nestled close to multiple pristine beaches! This spacious 2 bed, 2 bath beauty offers an open concept living area with a true split floor plan. As a 55+ community, Bayshore on the Lake Section 2 offers the perfect blend of comfort, relaxation, and activity. Step into this beautifully remodeled kitchen (2020) featuring quartz countertops that are perfect for bringing out your inner chef. Enjoy the luxury of NEW vinyl plank flooring (no carpet here!), creating a fresh, modern feel that’s easy to maintain. Relax on the large lanai, just steps from the sparkling pool and clubhouse - the perfect spot for morning coffee or evening cocktails. A/C 2016, water heater 2020. The community pool is a great place to cool off, unwind, and socialize while being greeted by the beautiful lake view. This really is a dream home with a dream location for anyone that enjoys indoor-outdoor living. Plus, you’ll be close to everything you need including shopping, restaurants, and more, all at a spectacular price with low property taxes. Enjoy the condo's proximity to Bradenton Beach (7 miles), Anna Maria Island (10 miles), and Downtown Bradenton (3 miles). Whether you’re a snowbird seeking the perfect vacation home, or looking for a full-time Florida haven, this condo has it all! Don’t miss out on your chance to own this slice of Bradenton paradise. This one won't last long!

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air
  • Levels: 5
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Common Area, Upper Level
  • Complex: BAYSHORE ON THE LAKE APTS II SEC 2
  • Year Built: 1980
  • Approx Sq. Feet: 1,144
  • Est. Taxes: $1,898
  • Condo Fee: $569 Monthly
  • View: Pool, Water
  • Adult Communities: Yes
  • Pet Policy: No
  • Appliances: Cooktop, Dishwasher, Electric Water Heater, Freezer, Microwave, Refrigerator
  • MLS#: A4621606
  • Days on Market: 81 days
  • Website: https://www.raveis.com
    /prop/A4621606/3551lakebayshoredr_bradenton_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 11/23/2024 3:36:22 PM)
Listing courtesy of KELLER WILLIAMS ISLAND LIFE REAL ESTATE   Phone: 941-254-6467

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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3551 Lake Bayshore Dr, #J116, Bradenton, FL, 34205

$160,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $128,000 $128,000 $128,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.477% 7.159% 6.498%
Monthly Tax Payment $158 $158 $158
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $852 $851 $1,098
Total Monthly Payment $1,085 $1,084 $1,331

* 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.