tomo logo

$625,000

Beds
3
Baths
2.0
sq ft
2,115

611 Riviera Dunes Way Unit 308, Palmetto, FL 34221

611 Riviera Dunes Way Unit 308

PALMETTO, FL 34221

  • 368 days on market
    • Price drop $60,000↓
This listing is competitively priced, easy to show and perfect for someone who wants to live the Florida lifestyle, with safeguards from hurricanes. The current owner stayed in the unit through Hurricane Milton, and the unit sustained no damage from the storm or water intrusion. The storm surge did not flood the building, lobby, elevator or ground-floor garage. Laguna at Riviera Dunes is a luxury waterfront boating community and this end unit offers sweeping views of the Manatee River, Upgrades/updates include: new luxury vinyl flooring in great room, new carpet in main bedroom and 3rd bedroom office/den, new water heater all in 2024, floor to ceiling cabinets in spacious laundry room offering an abundance of storage, balconies with views of sunrise & sunset. Three walk-in closets provide ample storage. Large dogs permitted in this pet friendly building with quick access to Bradenton, Sarasota, St Petersburg & Tampa. Gated and secure, this community offers world class amenities, including fitness center, clubhouse, heated pool & spa, tennis, pickleball & grilling areas. An onsite waterfront restaurant is available overlooking the marina where you can enjoy a dinner/cocktail and live music. One assigned parking space in the garage and an abundance of open guest parking. Home Warranty available through 9/7/2025.

Details

Property type

Condominium

Est. home value

$606,945

Lot size

Unknown

Price per sq ft

$296

Year built

2007

Annual property taxes

$5,223.49

HOA

Yes

Price History

09/19/2024
StellarMLS

StellarMLS #A4588950

Price change
$625,000
-7.41%
05/29/2024
StellarMLS

StellarMLS #A4588950

Removed
$675,000
03/12/2024
StellarMLS

StellarMLS #A4588950

Price change
$675,000
-1.46%

Schools & Community

Elementary school: 

James Tillman Elementary

Middle school: 

Lincoln Middle

High school: 

Palmetto High

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

$457,622
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$117,378
Cash to seller
$457,622

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

Seller’s Loan History

Lender

Branch Banking And Trust Co

Loan start date

January 2017

Original loan amount

$218,000

Est. remaining balance

$117,378

Interest rate

3.25%

Loan type

New Conventional, 15 year

Seller

Eric Armstrong Williams

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: 11/15/2024 at 3:25 PM

Listing updated: 10/27/2024 at 4:09 PM

Listed by: Debra Pitell-Hauge, MICHAEL SAUNDERS & COMPANY Phone #: (941) 383-7591

MLS: StellarMLS #A4588950

StellarMLS logo

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