The Palladian condos for sale • Rockville

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PALLADIAN | 38 MARYLAND AVENUE ROCKVILLE

38 MARYLAND AVENUE • ROCKVILLE, Maryland 20850

1Bedroom(s)
1Bathroom(s)
AssignedParking(s)
35Picture(s)
840Sqft
***PROPERTY BEING SOLD IS AN MPDU AND IS SUBJECT TO ALL RULES AND REGULATIONS AS SET FOURTH IN THE CITY OF ROCKVILLE MPDU ORDINANCE AND REGULATIONS***Upgraded one bedroom, one bath condominium located in prime location in the heart of Rockville Town Square and only two blocks from Metro! The unit features 840 square feet of finished living space and a covered garage space in the building garage.
$299,900

ROCKVILLE TOWN SQUARE | 38 MARYLAND AVENUE ROCKVILLE

38 MARYLAND AVENUE • ROCKVILLE, Maryland 20850

1Bedroom(s)
1Bathroom(s)
Handicap parkingParking(s)
36Picture(s)
805Sqft
Welcome to this stunning penthouse unit located at the coveted Palladian in the heart of Rockville Town Square. This elegant home offers a luxurious living experience with its top-notch design and amenities.nnThe open layout encompasses a total of 3 spacious rooms, providing ample space for relaxation and entertainment. The large windows allow natural light to flood the interior.
$364,900

ROCKVILLE TOWN SQUARE | 38 MARYLAND AVENUE ROCKVILLE

38 MARYLAND AVENUE • ROCKVILLE, Maryland 20850

2Bedroom(s)
2Bathroom(s)
45Picture(s)
1,245Sqft
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, large 2 bedroom 2 bath unit. Overlooking the courtyard at Rockville Town Square, the open floor plan showcases a stunning bay window nine-foot ceilings, hardwood flooring and an in-unit washer and dryer.
$499,900

PALLADIAN | 38 MARYLAND AVENUE ROCKVILLE

38 MARYLAND AVENUE • ROCKVILLE, Maryland 20850

2Bedroom(s)
2Bathroom(s)
22Picture(s)
1,163Sqft
More Photos coming soon.nOPEN HOUSE SUNDAY Sept 17th. nLuxury Living at it's BEST in the Heart of Rockville Town Square.nCome see what awaits you!nSpacious 2 Bedroom 2 Bath Convenient to Shopping , Restaurants, Library& more.nMETRO Red line is just a short distance .nGourmet Kitchen with Granite countertop & stainless appliances.nBright & sunny Living Room with large window.
$485,000

PALLADIAN | 38 MARYLAND AVENUE ROCKVILLE

38 MARYLAND AVENUE • ROCKVILLE, Maryland 20850

1Bedroom(s)
1Bathroom(s)
11Picture(s)
1,319Sqft
Beautiful unit right in the heart of Rockville Town Square. Unit comes furnished. This is a 2 BR/2 BA unit however, the owner will keep 1BR/1BA for herself but will only use occasionally. Renter will pay $100/month for utilities and $180/month for parking. Large living space, 9' ceiling, gourmet kitchen, stainless steel appliances, full-size washer and dryer in unit.
$1,800
    5 Results returned.Per Page

    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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