tomo logo

$575,000

Beds
2
Baths
2.0
sq ft
1,978

140 Riviera Dunes Way Unit 404, Palmetto, FL 34221

140 Riviera Dunes Way Unit 404

PALMETTO, FL 34221

  • 62 days on market
    • Price drop $48,000↓
Holiday Special! Discover your own tropical retreat in the coveted Bel Mare community at Riviera Dunes. This exquisite, fully furnished corner condo offers spectacular water views from nearly every room, including vistas of the Southside Bay with the marina and the Westside Bay/Gulf leading toward Anna Maria Island. A private, security-accessed elevator transports you directly to your personal foyer, leading into this spacious 1,978-square-foot home featuring 2 bedrooms, 2 bathrooms, and 2 deeded parking spaces. The master suite is a tranquil haven with sweeping Bay/Gulf views and direct access to your private balcony. It also includes dual walk-in closets and a luxurious ensuite bath with dual vanities, stone countertops, and an expansive walk-in shower with bench seating. The guest bedroom, with its own stunning view of the Bay, marina, and pool, offers a large walk-in closet. The guest bathroom is beautifully appointed with a walk-in shower and stone countertops. The gourmet kitchen is a chef’s dream, showcasing granite countertops, solid wood cabinetry, and top-tier stainless steel appliances, including a built-in microwave oven and a separate stove-top range. The home also features a convenient laundry room with front-loading washer and dryer, utility sink, and extra storage. The open concept living area is flooded with natural light, emphasizing the sleek, modern design. This home is equipped with hurricane-impact windows and oversized sliding doors, complemented by Hunter Douglas blinds and full-length sunshades for additional comfort and protection. Additional features include crown molding throughout, a new roof installed in 2024, and a 2022 water heater. The condo is also serviced by two elevators—one private for your use and a secondary service elevator providing access to the building's amenities. The monthly association fee of $1,411.67 covers all the essentials, including water, sewer, trash, pest control, grounds maintenance, and more. Bel Mare’s array of amenities includes a pool, spa, outdoor grilling area, dog walk, movie theaters, libraries, billiard rooms, social lounges, and conference rooms. Plus, enjoy exclusive access to the new Marriott amenities coming soon, featuring a large lap pool, fitness center, sand volleyball courts, private beach, dog park, tennis courts, putting green, and more. Conveniently located near a variety of dining options like Dockside Cafe and The River House, as well as easy access to I-275, I-75, St. Pete, and Tampa International Airport, this condo offers both luxury living and easy connectivity. Don't miss out on this rare opportunity to own a piece of paradise in Florida—schedule your private showing today!

Details

Property type

Condominium

Est. home value

$464,877

Lot size

Unknown

Price per sq ft

$291

Year built

2007

Annual property taxes

$6,689.28

Monthly HOA fee

$1,411.66

Price History

11/13/2024
StellarMLS

StellarMLS #A4623602

Price change
$575,000
-7.7%
09/22/2024
StellarMLS

StellarMLS #A4623602

Listed
$623,000
+7.43%
08/16/2024
StellarMLS

StellarMLS #T3508492

Removed
$579,900

Schools & Community

Elementary school: 

Palmetto Elementary-MN

Middle school: 

Martha B. King Middle

High school: 

Palmetto High

Community features: 

Gated, Clubhouse, Pool, Restaurant, Sidewalks, Tennis Court(s)

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$285,823
Asking price
$575,000
Closing costs (~8% of asking)
-$46,000
Est. remaining loan balance
-$243,177
Cash to seller
$285,823

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

August 2021

Original loan amount

$261,600

Est. remaining balance

$243,177

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Paul E Smith and Karin A Smith

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/23/2024 at 11:25 AM

Listing updated: 11/17/2024 at 3:14 PM

Listed by: Melissa Jo Moore, PLLC, LESLIE WELLS REALTY, INC. Phone #: (941) 776-5571

MLS: StellarMLS #A4623602

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