Under contract-accepting backup offers. REDUCED and MOVE-IN READY Condo with Breathtaking golf course views in this updated two bedroom, two bath Palm Aire condo. Offered turnkey furnished, this lovely unit is perfect for seasonal or year round residents. The kitchen updates including new cabinets, gorgeous quartz countertops, decorator backsplash, and new tile flooring are stunning and create an inviting atmosphere for your culinary endeavors. Bonus features include a Culligan reverse osmosis water filtration system and updated electric service including new breaker box. The primary bath features a lovely vanity, modern lighting, new toilet and beautiful shower with built in shower seat. The second bedroom is currently used as a den and contains a king sized bed for your guests along with the updated ensuite 2nd bath providing privacy, new vanity and lighting The owners have replaced the large second bedroom exterior window with a Hurricane rated model.
You’ll notice that all flooring in the living room, dining room and both bedrooms has been replaced with wood toned laminate.
The lanai features two sets of sliding glass doors so you can choose to use as an “interior” space or as a screened lanai. New roof completed 2024. This four story condominium features a lobby entrance, elevator, assigned parking space, and a storage locker for the residents convenience. The amenities include two community pools, clubhouse and work out room. Located in Palm Aire Country Club, membership is not mandatory. Multiple membership options are available for those interested. Palm Aire is located just off the University Blvd corridor with the UTC Mall and numerous other shopping, restaurant and grocery options. Take a short ride to Downtown Sarasota, SRQ airport, or our beautiful beaches.
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Our Executive Mortgage Banker:
Our Insurance Division:
$265,000
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 | $212,000 | $212,000 | $212,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | $220 | $220 | $220 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,410 | $1,409 | $1,788 |
Total Monthly Payment | $1,705 | $1,704 | $2,083 |
* 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.