Discover the perfect blend of comfort in this newly constructed home, completed in 2023, and never lived in before. Located in the Famous Promenade Estates of Palmer Ranch (Gated community), this pristine property offers a serene pond view with a fountain, creating the ideal setting for tranquil evenings at home. With 5 spacious bedrooms (1 on the ground floor and 4 on the second floor) and 3 full bathrooms (1 on the ground floor and 2 on the second floor), there is ample space for everyone. The master suite includes two walk-in closets and an en-suite bathroom for added privacy. The home features a two-car garage and a modern kitchen with brand new stainless steel appliances in an open-concept design. New fence coming soon.
Residents of Promenade Estates enjoy fantastic community amenities such as a swimming pool, playground, dog park, basketball court, beach volleyball court, and a water splash pad with water slides. The neighborhood is located in an A-rated school district and is just 8 minutes from Pine View School for the Gifted. Outdoor enthusiasts will love the 7-minute bike ride to the Sarasota Legacy Trail, and the beautiful Siesta Key Beach is only 17 minutes away. Essentials like groceries and banks are just 5 minutes away, and a variety of restaurants are within a 10-minute drive. Schedule your personal tour today and envision your future in this beautiful home in the Promenade Estates - Palmer Ranch community.
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Our Executive Mortgage Banker:
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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 | $2,800 | $2,800 | $2,800 |
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 | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $19 | $19 | $24 |
Total Monthly Payment | $94 | $94 | $99 |
* 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.