7005 River Hammock DRIVE, #404, Bradenton, FL, 34212 | $340,000

Beautiful Turnkey 4th-floor upscale and modern designer furniture. AWESOME OPPORTUNITY FOR INVESTORS WHO WOULD LIKE TO HAVE A QUICK TURN AROUND TO RENT THIS UNIT. You will love your morning coffee on the lanai covered screened lanai and what a view from the 4th floor! You will experience a wonderful view of the golf course, and the preserve. The condo is so conveniently located, and it is walking distance from one of the six satellite pools. River Strand Golf & Country Club offers so many amenities, and also offers a social calendar with plenty of activities. It has 24-hour gated security, exterior maintenance, cable/Wi-Fi, water, trash, sewer are all included in your condo & HOA fees, your only utility that you pay for is electricity! You can also play a 27-hole championship golf facility designed by world renowned architect Arthur Hills. Among the many amenities, 9 Har-Tru Tennis Courts, 8 Pickleball courts, 2 Resort-Style Pools with tiki bar, and a restaurant. Don’t miss the brunch on Sundays. This is a lovely, gated community to walk in and enjoy your time there. Lots of space to ride the bicycles, walk, running etc. . . I am sure you will enjoy what this beautiful community. Costco is located outside River Strand just minutes away, and a new project under construction will bring Target, whole foods and many more right at your convenience. Many restaurants, groceries and pharmacy are just around the corner. Enjoy the amenities with a member transfer available at an extra fee. The condo offers one carport space and plenty of guest parking around the building. It is a true gem on the Gulf Coast, close to I- 75, close to Sarasota airport, beaches, Ellenton Mall, UTC Mall in Sarasota where many restaurants and stores are waiting for you. Don't miss out this great opportunity for a great price.

Features

  • Elevator: Y
  • Heating: Electric
  • Cooling: Central Air
  • Levels: 4
  • Rooms: 9
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Closet
  • Complex: TERRACE II AT RIVER STRAND PH II
  • Year Built: 2014
  • Common Charge: $1,398 Quarterly
  • Approx Sq. Feet: 1,121
  • Est. Taxes: $4,981
  • Condo Fee: $1,410 Quarterly
  • Pet Policy: Yes
  • Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4623656
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A4623656/7005riverhammockdrive_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 9/20/2024 7:32:13 AM)
Listing courtesy of DREAM STAR VACATION HOMES & REAL ESTATE LLC   Phone: 800-440-1709

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NMLS Mortgage Loan Originator ID 16953

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7005 River Hammock DRIVE, #404, Bradenton, FL, 34212

$340,000

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 $272,000 $272,000 $272,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.125% 6.125% 4.990%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.483% 6.273% 5.268%
Monthly Tax Payment $415 $415 $415
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,653 $1,653 $2,150
Total Monthly Payment $2,143 $2,143 $2,640

* 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.