tomo logo

$299,000

Beds
2
Baths
2.0
sq ft
1,227

2625 Terra Ceia Bay Blvd Unit 503, Palmetto, FL 34221

2625 Terra Ceia Bay Blvd Unit 503

PALMETTO, FL 34221

  • 36 days on market
INCREDIBLE OPPORTUNITY Looking for a great deal on your next home? This spacious 2-bedroom, 2-bathroom condo IS PRICED TO SELL: Wake up to breathtaking panoramic views of Terra Ceia Bay where every evening brings a stunning sunset right from your private screened-in lanai. This beautifully updated 5th-floor, 2-bedroom, 2-bath condo is more than just a home—it’s a retreat. Nestled in a sought-after, smoke-free building within a vibrant golf course community, this turnkey gem (with a few exclusions) offers a worry-free lifestyle with underground assigned parking and the peace of mind of a completed and satisfactory Milestone Report and Structural Reserve Study (fully funded reserves) and no pending assessments. Also good candidate for investor. min rental 30 days With easy access to I-75 and I-275, you’re minutes from the lively energy of St. Pete and Tampa, the charm of Bradenton and Sarasota, and the world-class beaches of Southwest Florida. Whether you're teeing off at the public golf course, exploring nearby cultural hotspots, or simply savoring the tranquility of bayfront living, this is the perfect place to call home.

Details

Property type

Condominium

Est. home value

$367,187

Lot size

1.6 acres

Price per sq ft

$244

Year built

1997

Annual property taxes

$5,969

HOA

No

Price History

03/31/2025
StellarMLS

StellarMLS #A4642229

Price change
$299,000
+30.57%
03/31/2025
StellarMLS

StellarMLS #A4642229

Price change
$229,000
-27.53%
03/20/2025
StellarMLS

StellarMLS #A4642229

Price change
$316,000
-1.25%

Schools & Community

Elementary school: 

Palmetto Elementary-MN

Middle school: 

Lincoln Middle

High school: 

Palmetto High

Community features: 

Gated, Clubhouse, Fitness Center, Golf, Pool, Restaurant

Seller’s Loan History

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

Lender

Digital Fcu

Loan start date

May 2020

Original loan amount

$176,000

Est. remaining balance

$143,513

Interest rate

3.33%

Loan type

New Conventional, 20 year

Seller

Thomas Patrick Mcgrath and Karita Lynn Mcgrath

Lender

Homebridge Financial Services Inc

Loan start date

September 2018

Original loan amount

$185,400

Est. remaining balance

$163,620

Interest rate

4.59%

Loan type

New Conventional, 30 year

Seller

Thomas Mcgrath and Karita Mcgrath

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?

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Status: Active

Tomo last checked: 04/03/2025 at 12:00 PM

Listing updated: 03/31/2025 at 10:19 AM

Listed by: Taren Myrick, WAGNER REALTY Phone #: (941) 751-0670

MLS: StellarMLS #A4642229

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