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6562 Palmer Park CIRCLE, #7, Sarasota, FL, 34238 | $389,000
One or more photo(s) has been virtually staged. Pre-Construction. To be built. Ground breaking June 3, 2024 with completion in February 2025, this luxury, garage condominium community is coming to Palmer
Ranch Sarasota! A total of 18 garage condos to be built, 15 are officially UNDER CONTRACT. This is the final opportunity for an interior unit offered at this attractive price point! Car Bank SRQ is a private, personal warehouse facility for the ultimate car collectors, motorsports enthusiasts, and RV/Boat owners. At Car Bank SRQ, owners will have 24/7 access to the gated community of 18 total, concrete block construction garage condominiums, all with low monthly HOA fees. Your personal warehouse is climate controlled, secure and private and each individually owned condo will have a generous half bathroom, HVAC, and utility sink. Owners have the ability to customize the interior with a mezzanine/loft (increasing the total square footage on average of 400 sq ft), cabinets, car lift, flooring, and/or anything you can imagine! Car Bank SRQ amenities include a car wash detail bay, and RV clean out station. Each unit is approximately 42'D x 24' W, with 20' ceilings and 14' H x 12' W garage doors. Each garage condominium will have fire sprinklers and a monitored fire alarm. Located in Palmer Ranch, close to "dealership row" and steps to the Legacy Trail. Convenient access to downtown Sarasota, Siesta Key, Casey Key, and 2 miles from I-75. This project will soon be sold out, so act now and don't miss this opportunity!
Features
- Rooms: 1
- Laundry: None
- Year Built: 2024
- Garage: 4-car
- Heating: Electric
- Cooling: Mini-Split Unit(s)
- Approx Sq. Feet: 1,008
- Est. Taxes: $0
- Condo Fee: $1,800 Annual
- Lot Desc: Cleared
- Pet Policy: No
- MLS#: A4610471
- Days on Market: 44 days
- Website: https://www.raveis.com
/prop/A4610471/6562palmerparkcircle_sarasota_fl?source=qrflyer
Listing courtesy of MICHAEL SAUNDERS & COMPANY Phone: 941-388-4447
William Raveis Family of Services
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Customer Service
888.699.8876
Contact@raveis.com
Our family of companies offer our clients a new level of full-service real estate. We shall:
- Market your home to realize a quick sale at the best possible price
- Place up to 20+ photos of your home on our website, raveis.com, which receives over 1 billion hits per year
- Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
- Showcase your home on raveis.com with a larger and more prominent format
- Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology
To learn more about our credentials, visit raveis.com today.
Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 16953
917.838.7300
Melissa.Cohn@raveis.com
Our Executive Mortgage Banker:
- Is available to meet with you in our office, your home or office, evenings or weekends
- Offers you pre-approval in minutes!
- Provides a guaranteed closing date that meets your needs
- Has access to hundreds of loan programs, all at competitive rates
- Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction
Yokadi MejiaInsurance Sales Director, William Raveis Insurance
561.335.7966
Yokadi.Mejia@raveis.com
Our Insurance Division:
- Will Provide a home insurance quote within 24 hours
- Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
- Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable
6562 Palmer Park CIRCLE, #7, Sarasota, FL, 34238
$389,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Melissa Cohn
RVP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 917.838.7300
Melissa.Cohn@raveis.com
NMLS Mortgage Loan Originator ID 16953
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
|
|---|---|---|---|
| Loan Amount | $311,200 | $311,200 | $311,200 |
| 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 | $0 | $0 | $0 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $2,097 | $2,068 | $2,624 |
| Total Monthly Payment | $2,172 | $2,143 | $2,699 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
FL Mortgage Lender MLD1388