tomo logo

$379,900

Beds
3
Baths
2.0
sq ft
1,349

2625 Terra Ceia Bay Blvd Unit 506, Palmetto, FL 34221

2625 Terra Ceia Bay Blvd Unit 506

PALMETTO, FL 34221

  • 2 days on market
Welcome to paradise! This 3 bedroom 2 bath corner unit located in estuaries 2 has some of the most spectacular views on the west coast of Florida. Overlooking Terra Ceia Bay you will witness spectacular sunsets and nature at its finest. A short walk takes you through the mangrove lined shoreline and a beautiful pier extending into Terra Ceia Bay. All furnishings and items in the well appointed unit provide a turnkey property ready for family and friends. The unit provides covered parking and an outside storage unit located just outside the front door. The outside patio for those stunning views has all new screening and soon to be installed hurricane sliders for added safety and relaxation. The HOA fee Includes use of the Edgewater pool and is heated to 86 degrees year round. It is just a short walk and is the finest pool in the community and is a big hit when family and friends come for a visit. This is the best opportunity for a 3 bedroom unit in quite some time. This smoke free building offers the best opportunity for a 3 bedroom unit in quite some time.

Details

Property type

Condominium

Est. home value

$403,172

Lot size

Unknown

Price per sq ft

$282

Year built

1997

Annual property taxes

$5,949

HOA

Yes

Price History

03/19/2025
StellarMLS

StellarMLS #A4645088

Listed
$379,900
+51.96%
06/07/2007
StellarMLS

StellarMLS #M540945

Sold
$250,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Golf, Pool, Restaurant, 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

$330,096
Asking price
$379,900
Closing costs (~8% of asking)
-$30,392
Est. remaining loan balance
-$19,412
Cash to seller
$330,096

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

November 2011

Original loan amount

$141,750

Est. remaining balance

$19,412

Interest rate

3.29%

Loan type

New Conventional, 15 year

Seller

Evan E Mortimer and Rosemary E S Mortimer

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: 03/21/2025 at 10:50 AM

Listing updated: 03/20/2025 at 6:57 AM

Listed by: Tim Lester, TIM LESTER INTERNAT'L REALTY Phone #: (941) 981-5388

MLS: StellarMLS #A4645088

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