The Palladian • Rockville

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PALLADIN CODM AT ROCKVIL

38 MARYLAND AVENUE • ROCKVILLE, Maryland 20850

2Bedroom(s)
2Bathroom(s)
17Picture(s)
1,250Sqft
Pictures were taken before the occupancy. nn2 bedrooms 2 full bathes located in downtown Rockville. Nice building and unit make you feel luxury life surround you! Only steps to shopping, restaurants, movie theater and many other entertainments, walk to Rockville metro station, easy to access to what you need. W/D in the unit, hardwood floors, SS appliances.
$2,395

PALLADIAN CONDOMINIUMS

38 MARYLAND AVENUE • ROCKVILLE, Maryland 20850

2Bedroom(s)
2Bathroom(s)
38Picture(s)
1,184Sqft
Welcome to The Palladian, a charming urban oasis in the heart of the Rockville Town Square, Amenities and conveniences abound in this freshly painted, move-in ready, 2 bedroom, 2 bath unit. With the best view in the building, this special unit overlooks all the bustling happenings in downtown Rockville.
$489,000

PALLADIN CODM AT ROCKVIL

38 MARYLAND AVENUE • ROCKVILLE, Maryland 20850

2Bedroom(s)
2Bathroom(s)
82Picture(s)
1,250Sqft
The one you have been looking for! CONVENIENCE at its FINEST! Located right in the heart of Rockville town center. Be captivated by this 2BR/2BA home that delivers a large, smart layout with an expansive owner's suite with a customized closet system in the walk-in space. The second bedroom also has a spacious walk-in closet to store your pieces of stuff from.
$479,900

PALLADIAN

38 MARYLAND AVENUE • ROCKVILLE, Maryland 20850

2Bedroom(s)
2Bathroom(s)
24Picture(s)
1,200Sqft
Gorgeous condo in downtown Rockville (The Palladian). 2BR, 2BA. Hardwood floors, granite counter tops, stainless appliances, bay window. Condo comes with amenities including clubhouse, gym and pool. Secured building. Walk to trendy stores, restaurants, movie theatre and the metro.
$2,450

PALLADIAN CONDOMINIUMS

38 MARYLAND AVENUE • ROCKVILLE, Maryland 20850

2Bedroom(s)
2Bathroom(s)
AssignedParking(s)
47Picture(s)
1,420Sqft
Amazing - 2 bedroom Plus Den with southeast - sun exposure ! The Palladin - Thompson Model has Only- 3 units in this complex with this floorplan. Great Natural light comes into this unit overlooking library and courtyard of Rockville Town Center. This unit has open kitchen with granite counters , Stainless steel appliances , gas range, pendant lighting.
$570,000

PALLADIN CODM AT ROCKVIL

38 MARYLAND AVENUE • ROCKVILLE, Maryland 20850

2Bedroom(s)
2Bathroom(s)
6Picture(s)
1,163Sqft
$535,000

ROCKVILLE TOWN

38 MARYLAND AVENUE • ROCKVILLE, Maryland 20850

1Bedroom(s)
1Bathroom(s)
12Picture(s)
1,038Sqft
1 BEDROOM AND 1 DEN, VERY NICE AND CLEAN CONDO. VERY RARE LONG BALCONY UNIT. USE MONTGOMERY COUNTY RENTAL APPLICATION FORM. VERY CLOSE TO METRO, SHOP, RESTAURANT, LIBRARY ETC. VACANT, READY TO MOVE IN.
$1,890

PALLADIN CODM AT ROCKVIL

38 MARYLAND AVENUE • ROCKVILLE, Maryland 20850

1Bedroom(s)
1Bathroom(s)
AssignedParking(s)
20Picture(s)
802Sqft
The perfect starter home with unbeatable convenience!! Located right above the main strip of Rockville Town Center, you can access anything you could need in a matter of minutes. Within the main strips are countless bars, restaurants and The Rockville Public Library.
$272,753
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    The Palladian (Palladin) is a beautiful building built in 2008 and sits at a premier location, right on the main street (Maryland Avenue) of downtown Rockville Town Square.  Walk right out the the shops and restaurants…  In the winter there is an outdoor ice skating rink, and Summer the restaurants have outdoor seating and live music.  Great energy and a great place to take a Date!

    The Palladian is made up of only 1-bedroom and 2-bedroom units.

    As of May, 2019 the building did not meet Fannie Mae guidelines.  This affects Conventional Financing.  Buyers wanting to pursue a less-than 20% down payment to purchase a condo here, are unable to do so.  There is a large percentage of units owned by 1 entity (the Developer), and it exceeds what FNMA is willing to accept.  As of May 2019 this entity owned 67 units.  This can change over time, and if the Developer sells more units and lowers his ownership percentage, maybe down the road a conventional loan will be possible.  The FNMA guideline allows no more than 15%, but they can also make an exception if it’s close and it can be shown that the Developer has been lowering his stake over the most recent 12 months, by selling some of his units.

    In the meantime, this results in Buyers needing to pay all CASH, or, there is a “non-warrantable” loan available for such condo buildings.  This loan will require a minimum of 20% down payment, the interest rate is higher, and it’s usually offered through an Adjustable Rate Loan. Before you submit an Offer, contact us to confirm where the Building currently stands with Fannie Mae guidelines.

    38 Maryland Avenue
    Community web site
    – On site Manager, 301-294-7477
    Move in can be scheduled Mon-Fri 8am-4pm at no additional charge to reserve the Loading Dock.  There is a one-time $200 move-in/move-out fee.  Saturday is possible for a fee of $75/hour with a 2 hour minimum.  Staff must be onsite while move is in progress.  Zalco Realty is the property management co. 301-495-6600

     

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