Under contract-accepting backup offers. Price Improvement AND Seller will pay Special Assessment! Welcome to coastal living located in the heart of Palmer Ranch! This inviting condo at Plaza De Flores offers a full water view, complete with fountain, as you enjoy your screened-in lanai. The Oleander split floor plan keeps your primary suite separated from the guest room which can also serve as a home office. It features high ceilings that enhance the sense of openness in the light-filled interior. Many upgrades have been completed for you, from stainless steel appliances to luxury vinyl flooring throughout, and furnishings are negotiable. So whether you are looking for a year-round residence or something to get away from the cold winters, you can move right in! This well-maintained, gated community boasts beautiful courtyards, lush tropical landscaping, and brand new tile roofs. The amenities include a pool, hot tub, tennis court, gazebos, and clubhouse with a fitness room, library, and kitchen. The allure of Florida living is further complemented by the condo's proximity to outdoor destinations, such as the Legacy Trail for your walking and biking pleasure, Oscar Sherer and Myakka State Parks, and many kayak launch locations nearby, inviting you to explore the natural beauty of the area at your leisure. Convenience is at your fingertips with shopping, dining, and the vibrant arts and cultural scene of downtown Sarasota a short distance away. Choose between multiple beaches, such as the world-famous Siesta Key, Lido Key, Turtle, Nokomis, Venice, and Sharky's, to find your favorite shells and shark teeth, partake in drum circle, or work on your tan. Plaza De Flores is conveniently located between downtown Sarasota to the north and Nokomis and Venice to the south, so whether you're indulging in a day of beach combing, retail therapy, or immersing yourself in the arts, everything you need is within easy reach. Don't miss this opportunity to experience the best of Sarasota living. Schedule your showing today!
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William Raveis Real Estate
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RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
---|---|---|---|
Loan Amount | $267,600 | $267,600 | $267,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.551% | 7.042% | 6.160% |
Monthly Tax Payment | $217 | $217 | $217 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,780 | $1,758 | $2,257 |
Total Monthly Payment | $2,072 | $2,050 | $2,549 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change. The Total Monthly Payment does not include the estimated HOA/Common Charge payment.