Annual rental located in the gated community of the Palms of Cortez. This spacious two-bedroom, two-bathroom condo features a screened-in lanai, offering a perfect blend of comfort and convenience. Ideally situated near local shopping centers, it ensures that daily errands are a breeze, with public transportation nearby for easy access to all that Bradenton has to offer. Families will appreciate the proximity to top-rated schools, including the renowned IMG Academy, celebrated for its elite academic and athletic programs. Residents of the Palms of Cortez enjoy a variety of amenities, from a heated pool for year-round relaxation to on-site tennis courts for sports enthusiasts. A serene pond surrounded by scenic paths adds to the charm, creating the ideal setting for peaceful walks. A resident benefits package is added for an additional $35 per month. 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 application must be submitted to the Palms of Cortez prior to move-in. Available for immediate move in.
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Our Executive Mortgage Banker:
Our Insurance Division:
$1,600
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 | $1,280 | $1,280 | $1,280 |
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.