tomo logo

$589,000

Beds
3
Baths
2.0
sq ft
2,306

2825 Terra Ceia Bay Blvd Unit 1504, Palmetto, FL 34221

2825 Terra Ceia Bay Blvd Unit 1504

PALMETTO, FL 34221

  • 55 days on market
    • Price drop $5,000↓
Located on the 5th floor of the beautiful Bay Club Condominium, this stunning 3-bedroom, 2-bathroom condo, complete with an office, epitomizes luxury urban living. Upon entering, you’ll immediately notice the elegant touches and amazing design that define this space. The open floor plan encourages a social atmosphere, from the spacious living room to the modern kitchen and dining area, all bathed in natural light thanks to the sliding doors that open onto the lanai. The kitchen is a highlight, equipped with top tier appliances and granite countertops, perfect whether you’re hosting a dinner party or enjoying a quiet family meal. The master suite offers a private lanai access, a sumptuous ensuite with dual vanities, a jetted soaking tub, and a separate walk-in shower. Adding to the home’s functionality is a dedicated office space, ideal for work-from-home professionals or as an extra guest room. The private lanai presents breathtaking views of Terra Ceia Bay and the Sunshine Skyway Bridge, especially as the sun sets. The property faces northwest, providing amazing views of the sunset without the intense heat of direct sunlight. This condo comes with one assigned parking space in the garage and open parking in th front of the property for your second vehicle. Two exterior storage areas for each unit add to the many sought-after benefits of Bay Club Condominium. The additional amenities include a beautiful pool, a hot tub, a gazebo picnic area, and a fire pit, along with a separate area for outdoor grilling. The additional Association benefits include the Community fishing pier and beautiful nature boardwalk through the mangrove estuary. A public golf course within the Community brings additional entertainment possibilities. Located near dining, shopping, and entertainment, this home is not just a residence but a gateway to a vibrant lifestyle. The golf club has tennis and pickleball. The Occupants of a Unit may keep two (2) household pets, of no more than twenty-five (25) pounds each, or a single household pet of no more than sixty (60) pounds, in the Unit.

Details

Property type

Condominium

Est. home value

$616,635

Lot size

1.47 acres

Price per sq ft

$256

Year built

2007

Annual property taxes

$7,334

Monthly HOA fee

$1,150

Price History

03/06/2025
StellarMLS

StellarMLS #TB8345826

Price change
$589,000
-0.84%
02/21/2025
StellarMLS

StellarMLS #TB8345826

Price change
$594,000
-0.83%
02/07/2025
StellarMLS

StellarMLS #TB8345826

Listed
$599,000
-14.42%

Schools & Community

Elementary school: 

Palmetto Elementary-MN

Middle school: 

Unknown

High school: 

Palmetto High

Community features: 

Gated, Clubhouse, Fitness Center, Golf, Pool, Sidewalks

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

$218,471
Asking price
$589,000
Closing costs (~8% of asking)
-$47,120
Est. remaining loan balance
-$323,409
Cash to seller
$218,471

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

Seller’s Loan History

Lender

Homebanc Mortgage Corp

Loan start date

April 2007

Original loan amount

$520,000

Est. remaining balance

$323,409

Interest rate

6.14%

Loan type

Not Provided, 30 year

Seller

Richard Endaya and Josephine Endaya

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: 03/06/2025 at 5:18 PM

Listed by: Maggie Caceres, MC HOMES REALTY INC Phone #: (727) 432-2181

MLS: StellarMLS #TB8345826

StellarMLS logo

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