This beautifully designed, newer construction home with gorgeous Lake View, offers Resort Style Living in the highly sought after Esplanade on Palmer Ranch. Featuring 3 spacious bedrooms, 2 luxurious baths, and a 2 car garage, this home is perfect for those looking to enjoy a mix of comfort and modern amenities. With Luxury Vinyl Plank throughout the living areas and porcelain tile in bedrooms, this home creates a light and bright feel. The Owner's Suite boasts a view of the lanai and lake, a walk-in closet, and an en-suite bathroom with dual sink vanity, and a spacious walk in shower. Both guest bedrooms feature walk in closets, one of which includes a small kitchenette. The gourmet kitchen is equipped with a natural gas stove, stainless steel appliances, a breakfast bar, and a walk in pantry, ideal for the home chef! Designer touches throughout include Crown Molding with intricate details on tray ceilings, window treatments, extension trim work, hurricane shutters, and paver bricks on the screened lanai, adding a touch of sophistication throughout! Relax and entertain on the screened lanai with a spool (spa/pool), perfect for year round enjoyment, and take in the gorgeous Lake Views! Esplanade offers an amazing selection of activities and amenities, including a resort style pool and spa, walking trails and private access to the Legacy Bike Trail, tennis, pickle ball, bocce, dog parks, fitness center, on-site restaurant and bar, wellness center, and a full time Lifestyle Director ensuring a vibrant social calendar. Situated in the heart of Palmer Ranch, Esplanade offers easy access to beaches, I-75, shopping, restaurants, downtown Sarasota and Venice. Don't miss this opportunity to live in this exquisite home with all the perks of resort-style living!
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$699,000
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 | $559,200 | $559,200 | $559,200 |
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 | $305 | $305 | $305 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,767 | $3,717 | $4,716 |
Total Monthly Payment | $4,164 | $4,114 | $5,113 |
* 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.