5201 Highbury CIRCLE, Sarasota, FL, 34238 | $625,000

Welcome to this magnificent Lakeview home. Located in the heart of the desirable Hampton community at Palmer Ranch, this lovely home combines modern comfort and convenience seamlessly. Every detail has been updated to create a welcoming atmosphere for both daily living and hosting guests. Upon entering, you are welcomed by a spacious open floor plan that connects the living area with high-quality vynal flooring, vaulted ceilings, leading to a state-of-the-art custom kitchen. The kitchen features top-notch granite countertops and new stainless steel appliances from 2020, perfect for cooking and socializing. The house offers three large bedrooms, including a generous master suite with a large walk-in closet – your own personal oasis at the end of the day. Venture out from inside and onto the pristine screened lanai where you'll find an in-ground hot tub complete with a new pump and heater in the year 2024. The spacious backyard offers a breathtaking lake view, perfect for summer BBQs or just soaking up the sun in Florida. Living in the Hampton at Palmer Ranch means enjoying a hassle-free lifestyle with affordable HOA fees and no CDD fees. Community amenities include a large swimming pool , ground maintenance, and reclaimed water for lawn irrigation. Palmer Ranch is more than just beautiful houses; it's about the way of life it offers. With its proximity to the top-rated Siesta Key Beach, The Legacy Bike Trail, multiple shops and dining options, The YMCA, and excellent schools, everything you need is right at your fingertips.

Features

  • Rooms: 9
  • Bedrooms: 3
  • Baths: 2 full
  • Laundry: Gas Dryer Hookup, Inside, Laundry Room, Washer Hookup
  • Style: Contemporary
  • Year Built: 2000
  • Garage: 2-car Covered, Driveway
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,803
  • Acreage: 0.24
  • Est. Taxes: $3,444
  • HOA Fee: $903 Quarterly
  • Lot Desc: Cul-De-Sac
  • View: Garden, Water
  • Elem. School: Ashton Elementary
  • Middle School: Sarasota Middle
  • High School: Riverview High
  • Pet Policy: Yes
  • Appliances: Dishwasher, Dryer, Gas Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4615029
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/A4615029/5201highburycircle_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 7/7/2024 5:17:07 PM)
Listing courtesy of FINE PROPERTIES   Phone: 941-782-0000

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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
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Evelio MirandaInsurance Sales Director, William Raveis Insurance

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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
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    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

5201 Highbury CIRCLE, Sarasota, FL, 34238

$625,000

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

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $500,000 $500,000 $500,000
Term 360 months 360 months 180 months
Initial Interest Rate** 7.000% 6.990% 6.250%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.815% 7.159% 6.538%
Monthly Tax Payment $287 $287 $287
H/O Insurance Payment $92 $92 $92
Initial Principal & Interest Pmt $3,327 $3,323 $4,287
Total Monthly Payment $3,706 $3,702 $4,666

* 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.