5617 Palm Aire DRIVE, Sarasota, FL, 34243 | $399,000

Gorgeous remodeled Villa in the legendary golf, tennis and leisure community of Palm Aire. This 2 bedroom (Plus a den), 2 bath, 2 car garage home features water and golf course views. This charming villa has a remodeled kitchen with new granite counter tops, new cabinets, new stainless steel appliances and beautiful open concept. New waterproof vinyl flooring throughout the entire house and new baseboards , and new paint inside. All major expenses have been taken care of already, roof was replaced in 2015, water heater in 2023, , HVAC in 2019 and new impact resistant windows in 2023. Membership to the Palm Aire Country Club is not mandatory to join, however, the clubs does offer two 18 hole championships golf courses, 2 community pools, 8 tennis courts, pickleball, fitness center, and a booming social calendar. Strategic location with easy commute to ( UTC Mall ), Nathan Benderson Park, SRQ Airport, downtown Sarasota, Lakewood Ranch area, top rated beaches, restaurants, gyms, shopping and much more.

Features

  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside
  • Year Built: 1977
  • Garage: 2-car
  • Heating: Central
  • Cooling: Central Air
  • Approx Sq. Feet: 1,798
  • Est. Taxes: $4,592
  • Condo Fee: $1,661 Quarterly
  • Elem. School: Kinnan Elementary
  • Middle School: Braden River Middle
  • High School: Braden River High
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Dryer, Microwave, Range, Refrigerator, Washer, Water Softener
  • MLS#: A4616479
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/A4616479/5617palmairedrive_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 12/22/2024 2:47:10 PM)
Listing courtesy of SRQ INTERNATIONAL REALTY LLC   Phone: 941-366-0106

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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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5617 Palm Aire DRIVE, Sarasota, FL, 34243

$399,000

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 $319,200 $319,200 $319,200
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 $383 $383 $383
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,151 $2,122 $2,692
Total Monthly Payment $2,609 $2,580 $3,150

* 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.