7107 58th TERRACE E, Palmetto, FL, 34221 | $554,900

Welcome to 7107 58th Terrace East, a beautifully updated 4-bedroom, 2 ½-bathroom home in the highly sought-after Crystal Lakes 2 community in Palmetto. This home is move-in ready with a brand-new roof (2024), new landscaping (2024), and fresh exterior paint (2022), providing exceptional curb appeal and peace of mind. In the backyard, enjoy your custom pool built in 2022, surrounded by lush greenery and a screened lanai—perfect for outdoor relaxation and entertaining. Step inside to find an inviting, open concept living space. The modern kitchen features stainless steel appliances, granite countertops, and a large island that flows seamlessly into the living and dining areas. The spacious primary suite upstairs offers a walk-in closet and a luxurious en-suite bathroom with dual vanities and a walk-in shower. Three additional bedrooms and a full bathroom complete the second floor, providing ample space for family or guests. Custom tile and LVP throughout the whole house to make cleaning a breeze. This home also includes a two-car garage, plenty of storage, and a convenient half bath on the main floor. Low HOA fees, NO CDD fees and be minutes away from the Ellenton Premium Outlets, dining, and Manatee River. With quick access to I-75, commuting to nearby cities is a breeze. With brand-new updates, a gorgeous custom pool, and a prime location, this home offers the ultimate Florida lifestyle. Why wait for new construction and an expensive pool build out, schedule your showing today and make 7107 58th Terrace East your new home!

Features

  • Rooms: 7
  • Bedrooms: 4
  • Baths: 2 full / 1 half
  • Laundry: Inside, Laundry Room, Upper Level
  • Year Built: 2016
  • Garage: 2-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 2,265
  • Acreage: 0.18
  • Est. Taxes: $5,873
  • HOA Fee: $84 Monthly
  • Lot Desc: Street Dead-End
  • View: Pool, Trees/Woods, Water
  • Elem. School: Virgil Mills Elementary
  • Middle School: Buffalo Creek Middle
  • High School: Palmetto High
  • Pool: Heated, In Ground
  • Pet Policy: Yes
  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • MLS#: A4624811
  • Days on Market: 44 days
  • Website: https://www.raveis.com
    /prop/A4624811/710758thterracee_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 11/16/2024 10:08:10 AM)
Listing courtesy of MARCUS & COMPANY REALTY   Phone: 941-932-8550

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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Our Insurance Division:

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7107 58th TERRACE E, Palmetto, FL, 34221

$554,900

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 $443,920 $443,920 $443,920
Term 360 months 360 months 180 months
Initial Interest Rate** 7.250% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.582% 7.159% 6.518%
Monthly Tax Payment $489 $489 $489
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,028 $2,950 $3,806
Total Monthly Payment $3,609 $3,531 $4,387

* 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.