Welcome to 1/1 THE PALMS OF CORTEZ, a gated community located in the beautiful city of Bradenton, FL. This cozy one-bedroom, one-bathroom house offers a comfortable and convenient living experience. The community boasts a range of fantastic amenities, including a heated community pool, perfect for relaxing and enjoying the Florida sunshine. Tennis enthusiasts will appreciate the on-site tennis courts, where they can practice their skills or engage in friendly matches with neighbors. For those with little ones, the playground provides a safe and fun space for little ones to play and make new friends. The clubhouse offers a great gathering place for residents to socialize and host events. The gated community ensures your safety and security, giving you peace of mind. Stay active and maintain a healthy lifestyle with the fitness center, conveniently located within the community. With its prime location, this unit is just a short 10-minute drive from the beach, allowing you to easily enjoy the sand, surf, and breathtaking sunsets. Experience the best of Bradenton living at 1/1 THE PALMS OF CORTEZ, where you can enjoy a range of amenities and a convenient location near the beach. Don't miss out on this opportunity to make this unit your new home. Contact us today to schedule a tour and see all that this community has to provide!
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,550
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 | $1,240 | $1,240 | $1,240 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $8 | $8 | $10 |
Total Monthly Payment | $83 | $83 | $85 |
* 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.