811 Riviera Dunes WAY, Palmetto, FL, 34221 | $2,500,000

Now offering a price adjustment at this stunning property. There was absolutely no damage from either Helene or Milton. A testament to this incredible waterfront opportunity in a protected community with the number one hurricane rated harbor in the Gulf Coast. Imagine a picturesque John Canon home nestled within the exclusive gated community of the Island at Riviera Dunes, positioned on an oversized lot with expansive water frontage on the beautiful Manatee River. This luxurious residence offers breathtaking views that stretch across the horizon, showcasing water views and the beauty of the surrounding landscape.

Designed with meticulous attention to detail, the home embodies a blend of elegance and modern comfort. Its architecture is characterized by clean lines, large windows, and spacious outdoor living areas that seamlessly merge with the interior spaces. The exterior features pristine landscaping, enhancing the property's allure and creating a tranquil oasis.

Inside, the interior spaces are thoughtfully crafted with high-end finishes and sophisticated décor. From the gourmet kitchen, and the inviting living areas, to the tranquil primary ensuite, every room exudes a sense of luxury and warmth. Floor-to-ceiling windows frame stunning views from almost every room allowing the natural light to illuminate the space throughout the day.

One of the most coveted features of this home is its deeded 62-foot boat slip in the neighborhood marina located right across the street from the residence. Not only does this deep-water hurricane shelter basin provide the deepest and most secure harborage in the area, but it also ensures direct access to Tampa Bay, the Intercoastal Waterway and the Gulf of Mexico. This prime location offers endless possible boating adventures for the avid yachter.

The outdoor living spaces are designed for relaxation and entertainment, a sparkling pool, hot tub and outdoor kitchen create a fabulous retreat. Southern exposure at the back of the property provides steady warmth and light without the blazing heat of direct morning and afternoon exposure. Watch the sunset and sunrise from the private waterfront patio. Launch paddle boards and kayaks from the private beach or wade in and cast a line from your private beach area. Whether enjoying a quiet evening or hosting gatherings with friends and family, the outdoor areas offer the ideal setting for every occasion.

Located within a private gated community, residents of the Island at Riviera Dunes enjoy exclusive amenities and a sense of security, ensuring a peaceful and prestigious lifestyle. With its prime waterfront location, stunning views, and luxurious amenities, this John Cannon home epitomizes waterfront living at its finest, promising a lifestyle of unparalleled beauty and comfort.

Features

  • Amenities: Gated
  • Rooms: 14
  • Bedrooms: 4
  • Baths: 3 full
  • Laundry: Laundry Room
  • Style: Coastal, Key West, Traditional
  • Year Built: 2007
  • Garage: 3-car Garage Door Opener, Golf Cart Garage
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 3,350
  • Acreage: 0.41
  • Est. Taxes: $28,221
  • HOA Fee: $807 Quarterly
  • Lot Desc: Cul-De-Sac, Flood Insurance Required, FloodZone, City Lot, Landscaped, Near Marina, Oversized Lot, Sidewalk
  • View: Water
  • Elem. School: James Tillman Elementary
  • Middle School: Lincoln Middle
  • High School: Palmetto High
  • Pool: Auto Cleaner, Gunite, Heated, In Ground, Lighting, Pool Alarm, Screen Enclosure
  • Pet Policy: Yes
  • Appliances: Bar Fridge, Built-In Oven, Cooktop, Dishwasher, Disposal, Dryer, Exhaust Fan, Microwave, Refrigerator, Washer
  • MLS#: A4617637
  • Days on Market: 150 days
  • Website: https://www.raveis.com
    /eprop/A4617637/811rivieradunesway_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 12/18/2024 11:07:38 AM)
Listing courtesy of Compass Florida LLC   Phone: 305-851-2820

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811 Riviera Dunes WAY, Palmetto, FL, 34221

$2,500,000

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 Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $2,000,000 $2,000,000 $2,000,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.500% 6.500%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.296% 6.622% 6.680%
Monthly Tax Payment $2,352 $2,352 $2,352
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $12,972 $12,641 $17,422
Total Monthly Payment $15,449 $15,118 $19,899

* 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.