8723 Karpeal DRIVE, Sarasota, FL, 34238 | $415,000

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 !

Features

  • Rooms: 5
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Inside, Laundry Room
  • Year Built: 2007
  • Garage: 1-car
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,665
  • Est. Taxes: $1,873
  • HOA Fee: $981 Quarterly
  • Elem. School: Ashton Elementary
  • Middle School: Sarasota Middle
  • High School: Riverview High
  • Pet Policy: Cats OK, Dogs OK
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: W7867847
  • Days on Market: 13 days
  • Website: https://www.raveis.com
    /prop/W7867847/8723karpealdrive_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 10/4/2024 12:17:10 PM)
Listing courtesy of HORAN REALTY GROUP LLC   Phone: 727-375-7653

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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

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8723 Karpeal DRIVE, Sarasota, FL, 34238

$415,000

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 $332,000 $332,000 $332,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.500% 6.125% 5.375%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.490% 6.297% 5.597%
Monthly Tax Payment $156 $156 $156
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,098 $2,017 $2,691
Total Monthly Payment $2,329 $2,248 $2,922

* 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.