THIS TOP FLOOR END UNIT IS A MUST SEE in Esplanade on Palmer Ranch, Sarasota's premiere gated community offering unparalleled Florida resort style living with a blend of security, convenience and privacy. You will fall in love with this top floor 2 bed / 2 bath end unit with its flowing open concept floor plan punctuated by soaring ceilings and an abundance of natural light. A well equipped kitchen features a breakfast nook, granite counters, tile backsplash, stainless steel appliances and ample cabinet space with pantry closet. The spacious living / dining room flows into a bonus room perfect for work at home, media room or gym. Expansive primary suite with dual walk in closets, ensuite bath with large dual vanity, walk-in shower and water closet. Wall to wall sliders open to the screened balcony overlooking preserve and nature trail. Enjoy breathtaking sunrises with your morning coffee here or take in the sunset from the open balcony in the front! The guest wing boasts a full bath and laundry room. A short stroll to the impressive amenity center, Bahama bar/restaurant resort style pool & cabanas, 8 pickleball courts, 2 tennis courts, a state of the art fitness center and off leash dog parks. Residents also enjoy TWO private gated access points to The Legacy Trail- one of Sarasota's most treasured recreational facilities. The unit also has a one car garage AND a dedicated parking space!. Palmer Ranch is just a short drive to Siesta Beach, close to shopping, several restaurants, downtown Sarasota & Venice island with easy access to I-75, SRQ airport and the UTC area.
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Our Executive Mortgage Banker:
Our Insurance Division:
$486,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
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 | $388,800 | $388,800 | $388,800 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.125% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.456% | 7.171% | 6.276% |
Monthly Tax Payment | $364 | $364 | $364 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,619 | $2,584 | $3,279 |
Total Monthly Payment | $3,058 | $3,023 | $3,718 |
* 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.