tomo logo

$550,000

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

  • 468 days on market
    • Price drop $50,000↓
    • Open house Feb 23
Enjoy sweeping views of the Manatee River here in the luxury waterfront community of Laguna at Riviera Dunes, an ideal location for all boaters alike. This 3-bed, 2-bath end unit features plenty of updates, including luxury vinyl flooring in the great room, new carpet in both the main bedroom and 3rd bedroom office/den, and a new water heater, all added in 2024. Floor-to-ceiling cabinets in the spacious laundry room, along with three walk-in closets, provide an abundance of storage. Enjoy both sunrise and sunset views from the open corner balcony and its incredible vantage point. Gated and secure, this community offers world class amenities, including a fitness center, clubhouse, heated pool and spa, tennis, pickleball, and grilling areas. Laguna also boasts its own on-site waterfront restaurant overlooking the marina, where residents can enjoy a dinner, cocktail, and live music. With quick access to Bradenton, Sarasota, St Petersburg, and Tampa, this listing is competitively priced, easy to show, and perfect for someone who wants to live the Florida lifestyle. This unit comes with one assigned parking space in the garage and an abundance of open guest parking. Large dogs are permitted in this pet-friendly building. Home Warranty is available through 9/7/2025.

Details

Property type

Condominium

Est. home value

$606,945

Lot size

Unknown

Price per sq ft

$261

Year built

2007

Annual property taxes

$5,091.09

HOA

Yes

Price History

01/06/2025
StellarMLS

StellarMLS #A4588950

Price change
$550,000
-8.33%
11/22/2024
StellarMLS

StellarMLS #A4588950

Price change
$600,000
-4%
09/19/2024
StellarMLS

StellarMLS #A4588950

Price change
$625,000
-7.41%

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

$392,273
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$113,727
Cash to seller
$392,273

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

$113,727

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: 02/23/2025 at 1:20 AM

Listing updated: 02/20/2025 at 10:39 AM

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

MLS: StellarMLS #A4588950

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