Move-In Ready, Turn-Key, Fully Furnished Sarasota Vacation Home waiting for New Owners. Palm Lakes is located just north of University Parkway. It is a small enclave of 114 beautiful, single-family homes with barrel tile roofs, paver lined driveways and mature landscaped yards. The lush landscaping, the surrounding lakes and the gated entry provide a private, secure environment. The community includes a heated community pool, clubhouse with pool table and playground for all ages including cornhole games for the adults. A new county park is a short walk from the community and has pickleball courts, walking foot paths and a dog park. Located within 6 miles of downtown Sarasota and Bradenton, UTC Mall and the new Moat Museum, Shopping and Restaurants and a few miles from the Sarasota Bradenton Airport and The Ringling Museum, it is the ideal Sarasota location. Siesta Key, Lido Beach and Anna Maria are a short drive to enjoy the Gulf Beaches and gorgeous Sunsets.
The three bedroom, two bath home has many of the upgrades buyers look for in a home: New Fans and Lighting, New Paint, Stainless Steel Kitchen Appliances (2022), Maytag Washer/Dryer (2021), A/C (2020) and Hot Water Heater (2021) and Hunter Douglas Vertiglide Window Coverings (2024) and more. The home has been a seasonal home for the owners and has not been occupied full time for years.
The Palm Lakes home designs include rounded corners throughout and architectural features with nooks and inset spaces to make the rooms more interesting. This provides the owners many possibilities of making the best use of the living spaces for their lifestyle.
The architectural features & the warm neutral tones of the home add so much to the cozy style. The great room living area and the large, breakfast nook off the kitchen can be customized for the owner’s personal needs. The master bedroom is at the back of the home with views of the lake. The living room and dining room have sliding doors out to the lanai and also provide the lake views that owners love. The lanai is accessible from the living room or the breakfast nook to spend time bird watching or just enjoying the sunsets and the outdoor living. The second and third bedroom are in the front of the home with a second bathroom. A two-car garage completes the home. Maintenance free living gives more time to enjoy the Florida warm, sunny days. The single-family, one-story home is on a beautiful lake and provides the ultimate for bird watching and gorgeous sunsets! It is a short walk to the clubhouse, pool and playground. Community HOA fees are very reasonable and include the gated entry, community pool, clubhouse and playground, pest control and lawn maintenance.
This community is a hidden gem off the University Parkway corridor. Come and check it out for your new Florida lifestyle! Floor plan attached.
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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 | $359,920 | $359,920 | $359,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $417 | $417 | $417 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,395 | $2,392 | $3,035 |
Total Monthly Payment | $2,887 | $2,884 | $3,527 |
* 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.