MAGNIFICENT MARBELLA! This quiet, beautifully maintained gated community in Palmer Ranch boasts only 139 residences and low HOA fees. . This 1795 s. f. updated residence has 2 bedrooms, 2 baths and a Den/Office. The main living areas all have 12' ceilings and the Great Room and Den have beautiful wood floors. Both the Primary Suite and the 2nd Bedroom have neutral Berber carpeting, and he expansive Gourmet Kitchen has granite counters, tiled backsplash, beautiful solid wood cabinetry, large pantry, new lighting, newer appliances, plus a bar refrigerator, wine rack, breakfast bar and a sunny Breakfast Room. The updated Primary Suite has two large closets and the Bath has two vanities, as well as a separate shower and a Roman soaking Tub. Neutral ceramic tile in Foyer, Hallways, Inside Laundry and Baths. The large stamped and stained Lanai is screen enclosed with an electric awning and beautiful outdoor furnishings and grill. The 2-car garage includes a refrigerator and storage cabinetry. (A NEW, tile roof and air conditioner were installed in May 2024) This beautiful, turnkey furnished home is move-in ready. Don't miss this wonderful opportunity to own a lovely Marbella home in popular Palmer Ranch, which is close in to all the amenities Sarasota has to offer.
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Our Executive Mortgage Banker:
Our Insurance Division:
$529,500
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 | $423,600 | $423,600 | $423,600 |
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 | $204 | $204 | $204 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,854 | $2,815 | $3,572 |
Total Monthly Payment | $3,150 | $3,111 | $3,868 |
* 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.