118 12th AVENUE E, Palmetto, FL, 34221 | $1,650,000

Luxury and value is found here at the Peninsula at Riviera Dunes. The name of this community alone fits the waterfront location of this home to perfection! With the stunning water views, the feeling of serenity while you relax in your hot tub or pool while taking in the water views or while sitting on the second floor balcony with even more expansive water views, you will feel like you are tucked in to your own private piece of Florida paradise. Live large in this custom built Lee Wetherington home with 4 full size bedrooms. The 4th bedroom located on the second floor, can also serve as a bonus room with extensive water views and a wet bar. The home boasts 4 full bathrooms. Enjoy cooking in this large chef's kitchen with stainless steel appliances, raised panel cabinets, quartz countertops opening to the family room. This home has it all with vaulted ceilings, crown molding, 3 car garage, outdoor cooking area on the lanai for entertaining and a pool and hot tub. All of this with views, views and more views as seen in the photos! This desirable community offers a fitness room, tennis and pickleball courts, community pool, gated entry and is just minutes to downtown Bradenton, Riverwalk and close to Sarasota and St Pete. To make this home even better, it comes with a 50' wet boat slip (#29) in the Riviera Dunes Peninsula Harbor, one of the deepest and safest harbors in all of Florida. Enjoy waterfron and resort style living at its finest!

Features

  • Amenities: Pool, Tennis Court(s)
  • Rooms: 9
  • Bedrooms: 4
  • Baths: 4 full
  • Laundry: Laundry Room
  • Year Built: 2006
  • Garage: 3-car
  • Heating: Central, Electric, Natural Gas
  • Cooling: Central Air
  • Approx Sq. Feet: 3,245
  • Acreage: 0.24
  • Est. Taxes: $13,404
  • HOA Fee: $150 Monthly
  • View: Water
  • Pool: Heated, In Ground, Screen Enclosure
  • Pet Policy: Number Limit
  • Appliances: Bar Fridge, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Washer
  • MLS#: A4629429
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /eprop/A4629429/11812thavenuee_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 11/19/2024 12:25:05 AM)
Listing courtesy of EXCEPTIONS REALTY   Phone: 941-536-8378

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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118 12th AVENUE E, Palmetto, FL, 34221

$1,650,000

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 $1,320,000 $1,320,000 $1,320,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.750% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.321% 6.876% 6.850%
Monthly Tax Payment $1,117 $1,117 $1,117
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,561 $8,561 $11,590
Total Monthly Payment $9,803 $9,803 $12,832

* 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.