2BR / 2BA Condo - Palms of Cortez, Bradenton
Living Area:
Spacious, 2BR/2BA second floor condo located in the condominium community of "The Palms Of Cortez".
Light and bright, this second floor condominium offers approximately 1, 200 square feet of living space and a fantastic split floor-plan. The condo features a screened patio/balcony, a full-sized washer and dryer, new Luxury Vinyl Plank flooring and tile baths. New kitchen cabinets, stainless steel appliances including refrigerator with ice maker, dishwasher, built in microwave. Each bedroom offers large walk-in closets.
Neighborhood & Association Amenities:
The Palms of Cortez Condominium Community is spacious with lush grounds and lakeside views. It offers a resort style pool, fitness center, dual tennis courts, playground, laundry facilities, community club room with media room, picnic/pavilion and grilling area and its gated and secure.
Exterior/Parking: Open parking in front of Unit.
HOA Application Fee: $100 per person or married couple.
OTHER: Included in rent: Landscaping.
Schools:
Elementary School: Sea Breeze
Middle School: Sugg
High School: Bayshore
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,695
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $1,356 | $1,356 | $1,356 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $9 | $9 | $11 |
Total Monthly Payment | $84 | $84 | $86 |
* 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.