611 Riviera Dunes WAY, #308, Palmetto, FL, 34221 | $600,000

This listing is competitively priced, easy to show and perfect for someone who wants to live the Florida lifestyle, with safeguards from hurricanes. The current owner stayed in the unit through Hurricane Milton, and the unit sustained no damage from the storm or water intrusion. The storm surge did not flood the building, lobby, elevator or ground-floor garage. Laguna at Riviera Dunes is a luxury waterfront boating community and this end unit offers sweeping views of the Manatee River, Upgrades/updates include: new luxury vinyl flooring in great room, new carpet in main bedroom and 3rd bedroom office/den, new water heater all in 2024, floor to ceiling cabinets in spacious laundry room offering an abundance of storage, balconies with views of sunrise & sunset. Three walk-in closets provide ample storage. Large dogs permitted in this pet friendly building with quick access to Bradenton, Sarasota, St Petersburg & Tampa. Gated and secure, this community offers world class amenities, including fitness center, clubhouse, heated pool & spa, tennis, pickleball & grilling areas. An onsite waterfront restaurant is available overlooking the marina where you can enjoy a dinner/cocktail and live music. One assigned parking space in the garage and an abundance of open guest parking. Home Warranty available through 9/7/2025.

Features

  • Elevator: Y
  • Heating: Central, Electric
  • Cooling: Central Air, Humidity Control
  • Levels: 7
  • Amenities: Clubhouse, Elevator(s), Fitness Center, Gated, Lobby Key Required, Maintenance, Other, Pickleball Court(s), Pool, Recreation Facilities, Sauna, Security, Spa/Hot Tub, Tennis Court(s), Vehicle Restrictions
  • Rooms: 12
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Complex: LAGUNA AT RIVIERA DUNES IV
  • Year Built: 2007
  • Approx Sq. Feet: 2,115
  • Est. Taxes: $5,091
  • Condo Fee: $2,784 Quarterly
  • Lot Desc: Flood Insurance Required, FloodZone, City Lot, In County, Near Marina
  • View: Water
  • Elem. School: James Tillman Elementary
  • Middle School: Lincoln Middle
  • High School: Palmetto High
  • Pet Policy: Number Limit, Yes
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Range, Range Hood, Refrigerator, Washer
  • MLS#: A4588950
  • Days on Market: 287 days
  • Website: https://www.raveis.com
    /prop/A4588950/611rivieradunesway_palmetto_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 12/22/2024 10:08:11 AM)
Listing courtesy of MICHAEL SAUNDERS & COMPANY   Phone: 941-383-7591

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NMLS Mortgage Loan Originator ID 16953

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611 Riviera Dunes WAY, #308, Palmetto, FL, 34221

$600,000

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 $480,000 $480,000 $480,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.125% 6.990% 5.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.456% 7.171% 6.276%
Monthly Tax Payment $424 $424 $424
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,234 $3,190 $4,048
Total Monthly Payment $3,750 $3,706 $4,564

* 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.