tomo logo

$195,900

Beds
2
Baths
1.0
sq ft
1,008

4802 51st St W Unit 1305, Bradenton, FL 34210

4802 51st St W Unit 1305

BRADENTON, FL 34210

  • 244 days on market
    • Price drop $4,000↓
Charming 2-Bedroom Condo in the Gated Palms of Cortez Community & SELLER OFFERING TO PAY FOR TITLE. Discover comfort and convenience in this inviting second-floor condo, located in the highly desirable Palms of Cortez gated community in the heart of Bradenton. This 2-bedroom, 1-bathroom unit features modern vinyl plank flooring throughout, creating a sleek and stylish living space. The bright and open corner layout is filled with natural light, offering a warm and welcoming atmosphere. Step outside to enjoy the spacious screened-in patio, perfect for relaxing and enjoying the peaceful surroundings. Residents of this tranquil community have access to a variety of resort-style amenities, including a swimming pool, fitness center, clubhouse, and tennis courts. For added peace of mind, the HVAC system was replaced in 2020. The location is unbeatable—just a short drive to the stunning beaches of Anna Maria Island and Bradenton, and close to parks, shopping, dining, and entertainment. Currently tenant-occupied, this property presents an excellent investment opportunity with immediate rental income potential. Whether you’re looking for a primary residence or a profitable rental, this condo is a fantastic find! Don’t wait—schedule your showing today!

Details

Property type

Condominium

Est. home value

$238,483

Lot size

Unknown

Price per sq ft

$195

Year built

2002

Annual property taxes

$2,687

Monthly HOA fee

$373

Price History

03/12/2025
StellarMLS

StellarMLS #A4616821

Price change
$195,900
-2%
01/27/2025
StellarMLS

StellarMLS #A4616821

Price change
$199,900
-0.05%
09/10/2024
StellarMLS

StellarMLS #A4616821

Price change
$200,000
-4.76%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Fitness Center, Park, Playground, Pool, 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

-$412,374
Asking price
$195,900
Closing costs (~8% of asking)
-$15,672
Est. remaining loan balance
-$592,602
Cash to seller
-$412,374

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

Seller’s Loan History

Lender

Loandepot.Com Llc

Loan start date

October 2018

Original loan amount

$920,003

Est. remaining balance

$592,602

Interest rate

4.01%

Loan type

New Conventional, 15 year

Seller

Reid Reale

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: 03/13/2025 at 3:35 AM

Listing updated: 03/12/2025 at 12:54 PM

Listed by: Hannah Moore, WAGNER REALTY Phone #: (941) 955-1500

MLS: StellarMLS #A4616821

StellarMLS logo

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