5108 Commonwealth ROAD, Palmetto, FL, 34221 | $879,000

Experience the ultimate coastal lifestyle at this move-in ready stunner! Nestled inside Terra Ceia Bay, this home offers deepwater access, the perfect for boating enthusiasts and water lovers. The, hurricane impact, wall of windows in the Florida room continues to flood the space with natural light, while the open lay out enhances the sense of both relaxation and entertainment. With a brand new kitchen that includes, gas stove/oven, farm sink, quartz countertops and gorgeous shaker cabinets. The combination of style and practicality enhances the overall functionality of this space. The back of the home features a spacious patio, perfect for outdoor entertaining or relaxing under the shade of beautiful palm trees. A sidewalk that leads you down to your private boat slip, offering direct access to the water. With I-275 and I -75 within a short five minute drive; you can participate in all that St. Petersburg, Tampa and the Sarasota areas have to provide. This home is more than a residence---it's your chance to embrace the vibrant coastal lifestyle that makes Palmetto a hidden treasure. Schedule your private your today and discover the perfect blend of tranquility and adventure.

Features

  • Rooms: 4
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Inside
  • Year Built: 1963
  • Garage: 1-car Driveway
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,519
  • Acreage: 0.21
  • Est. Taxes: $4,239
  • Lot Desc: Flood Insurance Required
  • Elem. School: Palm View Elementary
  • Middle School: Buffalo Creek Middle
  • High School: Palmetto High
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Refrigerator, Washer
  • MLS#: TB8324293
  • Days on Market: 9 days
  • Website: https://www.raveis.com
    /prop/TB8324293/5108commonwealthroad_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 12/12/2024 9:47:08 AM)
Listing courtesy of LPT Realty   Phone: 877-366-2213

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Customer Service

888.699.8876

Contact@raveis.com

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeRegional SVP Insurance Sales, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5108 Commonwealth ROAD, Palmetto, FL, 34221

$879,000

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 $703,200 $703,200 $703,200
Term 360 months 360 months 180 months
Initial Interest Rate** 6.625% 6.375% 6.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.209% 6.498% 6.579%
Monthly Tax Payment $353 $353 $353
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $4,503 $4,387 $6,077
Total Monthly Payment $4,948 $4,832 $6,522

* 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.