tomo logo

$938,000

Beds
3
Baths
2.0
sq ft
2,047

5040 Lake Overlook Ave, Bradenton, FL 34208

5040 Lake Overlook Ave

BRADENTON, FL 34208

  • <1 day on market
COME CLAIM YOUR SLICE OF PARADISE!! This waterfront home in the gated community of Tidewater Preserve has everything you need to enjoy the Florida lifestyle. Features include an amazing water view, boat dock with lift, NEW SEAWALL, large open floor plan, luxurious primary bedroom suite, 2 guest bedrooms plus den and/or dining room with French -doors, high tray ceilings with crown molding, water treatment system in kitchen, spacious screened outdoor lanai, and heated saltwater pool/spa. This premier boating community provides Gulf access via the Manatee River, maintenance free grounds, 24/7 guard gated access, Har-Tru tennis courts, fitness center, 2 clubhouses, dog park, kayak launch and storage, HD cable and internet with NO CDD and modest HOA fee. The location provides easy commuting to Bradenton, Sarasota, St Pete, Tampa, and world class shopping restaurants, and beaches. With a lifestyle director and many clubs and activities, you will fall in love with your new lifestyle!!

Details

Property type

Single Family Residence

Est. home value

$879,021

Lot size

8,345 sq ft

Price per sq ft

$459

Year built

2014

Annual property taxes

$5,762.72

Monthly HOA fee

$524.39

Price History

03/03/2025
StellarMLS

StellarMLS #A4640456

Listed
$938,000
+82.14%
06/27/2019
StellarMLS

StellarMLS #A4430478

Sold
$515,000
+15.31%
06/30/2014
StellarMLS

StellarMLS #M5900467

Sold
$446,610

Schools & Community

Elementary school: 

Freedom Elementary

Middle school: 

Carlos E. Haile Middle

High school: 

Braden River High

Community features: 

Gated, Fitness Center, Park, Playground, 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

$534,948
Asking price
$938,000
Closing costs (~8% of asking)
-$75,040
Est. remaining loan balance
-$328,012
Cash to seller
$534,948

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

Seller’s Loan History

Lender

Midflorida Cu

Loan start date

June 2019

Original loan amount

$480,000

Est. remaining balance

$328,012

Interest rate

3.57%

Loan type

New Conventional, 15 year

Seller

Edmund H Lemmens and Mary Beth Lemmens

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: 03/03/2025 at 3:20 PM

Listing updated: 03/03/2025 at 12:15 PM

Listed by: Mike Barrett, LESLIE WELLS REALTY, INC. Phone #: (941) 776-5571

MLS: StellarMLS #A4640456

StellarMLS logo

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