This spacious annual rental is a three-bedroom, two-bathroom condo located in the sought-after gated community of the Palms of Cortez. The screened-in lanai offers a perfect spot to enjoy the gentle Florida breeze while taking in the peaceful surroundings. Inside, the condo features an in-unit laundry room, providing added convenience, tenants need to provide their own washer and dryer. Conveniently located near local shopping centers, this condo makes daily errands easy, and public transportation is nearby for seamless access to the rest of Bradenton. Enjoy the close proximity to schools, including the prestigious IMG Academy, known for its exceptional academic and athletic programs. As a resident of the Palms of Cortez, you’ll enjoy access to a range of amenities. Take a dip in the heated pool, perfect for relaxing year-round. Tennis enthusiasts can take advantage of the on-site courts, while a peaceful pond invites you to enjoy leisurely walks in the scenic surroundings. A residents' benefits package is added for $35 per month. The condo is currently tenant-occupied, with a 24-hour notice required before showing. Upon approval by Gulf Coast, the first month's rent and a security deposit equivalent to one month's rent are due. Additionally, a $1, 000 security deposit and an application must be submitted to the Palms of Cortez prior to move-in. Available 10/20/24
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William Raveis Real Estate
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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 | $1,520 | $1,520 | $1,520 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.425% | 7.146% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $10 | $10 | $13 |
Total Monthly Payment | $85 | $85 | $88 |
* 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.