tomo logo

$600,000

Beds
3
Baths
2.0
sq ft
2,115

615 Riviera Dunes Way Unit 408, Palmetto, FL 34221

615 Riviera Dunes Way Unit 408

PALMETTO, FL 34221

  • 57 days on market
    • Price drop $50,000↓
Welcome to Laguna at Riviera Dunes, a 24-hour guard-gated, resort-style waterfront community offering breathtaking sunsets and panoramic views of the Manatee River. This immaculate 2-bedroom, 2-bathroom condo provides a serene living experience with a thoughtfully designed open floor plan. Upon entering, you'll be captivated by the spectacular river views and year-round sunsets. The spacious living area flows seamlessly to a private balcony, perfect for relaxing or hosting gatherings. The large kitchen is equipped with updated cabinets, stainless steel appliances, a breakfast bar, and a walk-in pantry, offering ample storage and space for meal prep. The primary suite features stunning water views, a walk-in closet, and an en-suite bathroom. The second bedroom, also a suite, provides privacy and comfort for guests or family members. Laguna at Riviera Dunes offers a wealth of amenities, including a waterfront heated pool and spa, clubhouse, fitness center, outdoor pavilion with two grills, electric car charging stations, tennis, pickleball, and basketball courts. The community is pet-friendly and maintenance-free, with ample guest parking. Conveniently located near downtown Sarasota, St. Armands Circle, Anna Maria Island, and the pristine beaches of the Gulf Coast, this condo also provides direct boat access to the Intracoastal Waterway and the Gulf of Mexico. Whether you're enjoying a meal at the on-site Dockside Grill or exploring the nearby Marina, this waterfront sanctuary is the perfect place to call home. Don’t miss the opportunity to make this exceptional condo yours!

Details

Property type

Condominium

Est. home value

$616,435

Property condition

New Construction

Lot size

1.8 acres

Price per sq ft

$284

Year built

2006

Annual property taxes

$8,083

HOA

Yes

Price History

10/13/2024
StellarMLS

StellarMLS #A4624057

Price change
$600,000
-7.69%
09/19/2024
StellarMLS

StellarMLS #A4624057

Listed
$650,000
+196.8%
04/27/2010
StellarMLS

StellarMLS #M5811680

Sold
$219,000

Schools & Community

Elementary school: 

James Tillman Elementary

Middle school: 

Lincoln Middle

High school: 

Palmetto High

Community features: 

Gated, Fitness Center, Pool, 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

$430,717
Asking price
$600,000
Closing costs (~8% of asking)
-$48,000
Est. remaining loan balance
-$121,283
Cash to seller
$430,717

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

April 2010

Original loan amount

$175,200

Est. remaining balance

$121,283

Interest rate

4.95%

Loan type

New Conventional, 30 year

Seller

Ottis F Teuton Jr and Norma S Teuton

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: 11/15/2024 at 1:25 PM

Listing updated: 10/13/2024 at 2:45 PM

Listed by: Marina Solo, PA, KW SUNCOAST Phone #: (941) 792-2000

MLS: StellarMLS #A4624057

StellarMLS logo

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