Welcome home to The Esplanade on Palmer Ranch! Resort Style living in one of Sarasota's award winning luxury communities. This is the corner unit on a cul-de-sac custom designed by Taylor Morrison and offers an exceptional floor plan for living and entertaining. The kitchen is a chef's dream with top of the line appliances, Granite countertops and a generous island with seating that opens to the living room. This 1st floor unit offers complete privacy, with an enclosed patio looking out to a beautiful lake. The open floor plan with high ceilings flows easily through the living room to access your private patio, where you can capture picturesque lake views. The primary bedroom is a true retreat with large windows, designer walk in closet space, and plenty of natural light. The ensuite features a large walk-in shower with a glass door and granite countertops adorning the custom double vanity. The second bedroom has ample closet space, large windows. The split bedroom floor plan provides plenty of privacy for daily life. This unit has a large laundry room with cabinets for storage and includes a washer and dryer. This corner unit features extra windows to the side that look out to nature, enhancing and adding natural light inside. This unit comes with 1 assigned garage parking space and surface parking spaces. The Esplanade on Palmer Ranch is like a private resort in your own backyard. A gated community with an elegant amenity center has lounge areas, a catering kitchen, wellness services, and a fabulous fitness center. Outdoor recreational facilities include an incredible resort-style pool and spa, also with a wade resistance exercise pool. The Bahama Bar is our very own pool side restaurant with an ever updating food menu and a full bar. There are miles of breathtakingly beautiful nature trails that connect to The Legacy Trail via private gate. The community features pickleball, tennis courts, bocce ball and hosts tournaments, clubs, dinners, holiday concerts and events year round. This is one of the most sought out units in the neighborhood! A rare opportunity to enjoy resort style living with amazing luxury amenities in a gated community just minutes to Siesta Key!
Available Nov 1, 2024
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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 | $2,640 | $2,640 | $2,640 |
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 | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $18 | $18 | $22 |
Total Monthly Payment | $93 | $93 | $97 |
* 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.