Tranquil, Lakefront, Maintenance Free paired Villa nestled in the lushly landscaped, gated community of Avalon at the Villages of Palm-Aire. Enjoy lake views the moment you walk through the front door of this spacious 2 bedroom + Den, 2 bath, open and bright, great room design floor plan. Experience waking to the sounds of singing wildlife over the glistening, serene lake and enjoying your morning coffee in your screened enclosed 13x12 sunroom. Entertaining is a breeze with the open kitchen design with center island; walk-in pantry; countertops galore; updated appliances and adjoining eating area. The master suite overlooks the lake and features a spacious en'suite with closets galore; separate vanities; private commode and tiled walk-in glass block shower. Other features include: Plantation shutters throughout; Spacious utility room with built-ins; 2 car garage with wall storage; New Tile Roof-2020; New Hurricane Impact Windows-2020; New Gas Hot water Heater-2024. Ready for your personal touches! Low HOA fees include: Exterior maintenance; grounds keeping; heated community pool; entrance security gate; private road; cable tv; reserves and full time management. Within a short golf cart ride away you can enjoy the Optional Membership amenities at Palm-Aire Golf & Country club which include: Golf, tennis, fitness, pickleball, Olympic size pool, clubhouse with dining and social activities galore. Located within minutes to UTC Mall; abundance of restaurants and shopping; Benderson Park; Mote Marine Aquarium; Sarasota International airport; Downtown Sarasota and an array of cultural arts venues. Perfect year round home or winter retreat!
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Our Executive Mortgage Banker:
Our Insurance Division:
$499,000
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 | $399,200 | $399,200 | $399,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.498% |
Monthly Tax Payment | $239 | $239 | $239 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,656 | $2,653 | $3,423 |
Total Monthly Payment | $2,970 | $2,967 | $3,737 |
* 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.