tomo logo

$375,000

Beds
2
Baths
2.0
sq ft
1,701

611 Riviera Dunes Way Unit 104, Palmetto, FL 34221

611 Riviera Dunes Way Unit 104

PALMETTO, FL 34221

  • 127 days on market
    • Price drop $24,900↓
GROUND FLOOR OPPORTUNITY *SELLER HIGHLY MOTIVATED *EXCEPTIONAL VALUE! RARE CHANCE TO OWN IN A HIGHLY SOUGHT-AFTER GATED WATERFRONT COMMUNITY! Enjoy ultimate peace of mind and luxury living in this pristine, maintenance free, convenient first floor condo with panoramic views of the Manatee River, offering breathtaking sunrises and sunsets. This unit has remained untouched through back-to-back hurricanes, no damage, no flooding, and not even a speck of dust moved. Experience effortless living with easy access; no waiting for elevators, no crowded spaces, and the convenience of being the first to exit. The location of this unit has less foot traffic than others. The peaceful water views are free from loud restaurant music, boat traffic, and foot traffic; delivering a private and serene environment. The mangroves serve as a natural wind barrier and offer a tranquil, private backdrop, while also hosting local wildlife. This unit's lanai provides a beautifully sheltered space, ensuring your outdoor furnishings stay safe and well-maintained throughout the year without constant maintenance concerns that higher units have with furniture being blown around. The condo is naturally insulated, maintaining a cooler temperature with fewer fluctuations and protection from high winds, sun, and extreme weather verses units up higher. The enclosed elevator lobby, located just outside the door, provides shelter from the elements, making garbage disposal effortless and convenient. Simply step into the climate-controlled elevator area and dispose of your trash down the chute—no need to carry garbage outside or deal with exposure to weather. This added convenience enhances everyday living and keeps the building clean and odor-free.For pet owners, taking your dog out is simple, with direct access to the elevator or an easy walk down one floor; no service elevators required that other condo complexes do require. You will find this condo reflects a higher standard of quality compared with others. The kitchen features thicker granite countertops, and the closets in both the guest bathroom and kitchen pantry are deeper than standard units. Brazilian hardwood flooring, laid diagonally, replaces all carpet, adding to the luxurious feel. The lanai is tiled for optimal water runoff, ensuring low maintenance. Thoughtful upgrades include custom mirror backsplashes that brighten the space, updated kitchen outlets, and enhanced electrical wiring with a two-way system for added efficiency. Additional conveniences such as a drain hole in the HVAC and hot water tank closet are features not found in all units. This condo provides the perfect blend of luxury, convenience, and security, with added features ensuring low maintenance and high comfort. Whether you're seeking a full-time residence, second home, new home or tranquil getaway, or a fun active lifestyle this unit offers exceptional value and peace of mind. Don’t miss this rare opportunity, schedule your private showing today!

Details

Property type

Condominium

Est. home value

$490,706

Lot size

Unknown

Price per sq ft

$221

Year built

2007

Annual property taxes

$5,987

Monthly HOA fee

$208

Price History

02/11/2025
StellarMLS

StellarMLS #A4626177

Price change
$375,000
-6.23%
01/23/2025
StellarMLS

StellarMLS #A4626177

Price change
$399,900
-5.88%
12/31/2024
StellarMLS

StellarMLS #A4626177

Price change
$424,900
-5.56%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated, Clubhouse, Fitness Center, 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

$276,111
Asking price
$375,000
Closing costs (~8% of asking)
-$30,000
Est. remaining loan balance
-$68,889
Cash to seller
$276,111

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

Seller’s Loan History

Lender

M & I Marshall & Ilsley Bank

Loan start date

June 2010

Original loan amount

$100,000

Est. remaining balance

$68,889

Interest rate

5%

Loan type

New Conventional, 30 year

Seller

Dale L Boucha and Dale L Boucha Revocable Trust

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: 02/22/2025 at 6:00 PM

Listing updated: 02/10/2025 at 7:27 PM

Listed by: Jessica Peterson, EXP REALTY LLC Phone #: (888) 883-8509

MLS: StellarMLS #A4626177

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Recently listed in PALMETTO