Paradise is waiting for you!! This is a fantastic opportunity to own a meticulously maintained 2 bed/2 bath/ 1 car garage lakefront townhome in the heart of Sarasota. Very open floor plan with volume ceilings, large kitchen with stainless appliances, wood cabinets, granite counters, long breakfast bar, and walk-in pantry. The living room has beautiful views of the lake and fountain through the large sliding doors leading out to the screened patio. The master suite, also overlooking the lake, is spacious with plenty of room for a king bedroom set and more. The en-suite bathroom offers his and hers vanity, large garden bath tub, separate shower, and a walk-in closet. This spacious condo has a split plan that separates the master bedroom from the second room and bonus room. More features include upgraded ceiling fans and light fixtures, , security system, and a large utility room. This development is located in one of the top rated school zones: Ashton Elementary, Sarasota Middle, and Riverview High! Enjoy gated, maintenance free living in this popular Sarasota development. Palmer Oaks also offers a community pool that you can enjoy year round! This condo is just a few minutes away from the Legacy Trail, a 15 mile paved hiking and biking path. Just miles from world famous Siesta Key Beach, restaurants, shopping, I-75, theaters, downtown and much, much more. Palmer Oaks offers you a beautiful community and a lifestyle you can truly enjoy!! Fully furnished, bring your toothbrush !
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Our Executive Mortgage Banker:
Our Insurance Division:
$415,000
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 | $332,000 | $332,000 | $332,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.582% | 7.171% | 6.518% |
Monthly Tax Payment | $156 | $156 | $156 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,265 | $2,207 | $2,847 |
Total Monthly Payment | $2,496 | $2,438 | $3,078 |
* 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.