Under contract-accepting backup offers. NO DAMAGE FROM ANY STORMS, neither Debby, Helene nor Milton! Zone X flood meaning flood not required. THIS IS IT! So welcome to Your Ideal Home in Palmer Ranch's The Hamptons Community! Experience breathtaking sunsets and the luxury of a community-maintained pool in this move-in ready residence, ideally located near some of the nation's finest beaches. Although it was built in 1999, the effective year is 2017 due to impeccable way the sellers have kept this home. Conveniently situated just south of Clark Rd, this expansive area spans approximately 60 square miles between I-75 and Tamiami Trail, providing seamless access to Sarasota's premier amenities. Residents of The Hamptons benefit from close proximity to stunning beaches, cultural attractions, and an abundance of shopping and dining options. As you approach this beautifully updated property, you’ll be captivated by its exceptional curb appeal. Step through the elegant leaded glass doors into a spacious interior that radiates sophistication and comfort. Meticulous renovations throughout the home ensure a modern lifestyle with luxurious finishes. The fully renovated kitchen (2021) boasts top-of-the-line appliances, exquisite granite countertops, and a custom tile-finished bar area, perfect for entertaining. The primary bathroom was transformed in 2023, featuring opulent quartz counters and contemporary fixtures for a spa-like experience. This 4-bedroom, 2-bathroom, 2, 638sf residence offers serene pond views and a generously sized covered and screened backyard lanai, ideal for relaxation. NATURAL GAS community with the AC, stove, dryer and tankless hot water heater all heated with it! Designed for both elegance and practicality, this home includes a durable cement tile roof, hurricane shutters on every window and door, and plantation shutters throughout, ensuring peace of mind year-round. Additional features include a utility sink in the laundry room, extra garage storage, and an environmentally friendly sprinkler system utilizing reclaimed water. The bathrooms have been completely remodeled, showcasing elegant tile showers, high-end mirrors, and upgraded fixtures that elevate your daily experience. The thoughtfully designed primary walk-in closet and kitchen pantry, expertly crafted by California Closets, provide ample storage, keeping everything organized. Freshly painted front bedrooms and bathroom add a touch of freshness. As a resident of The Hamptons, enjoy access to a heated community pool and an array of nearby amenities, including parks, shopping, and top-rated schools. Outdoor enthusiasts will appreciate the Legacy Trail, along with swift access to I-75, downtown Sarasota, and the world-renowned Siesta Key Beach, all just minutes away. This home is ideal for both seasonal and year-round living, offering a serene outdoor space and stunning views. Recent upgrades include a newer AC & heating system (2021), a tankless water heater, and energy efficient natural gas appliances, ensuring comfort & sustainability. Importantly, this home has never flooded and sustained no hurricane damage, even during the 2024 storm season, providing confidence and peace of mind for the future. The community also boasts no standing water post storms, a significant relief for new owners. Enjoy the benefit of no flood insurance requirements and no high CDD fees in The Hamptons, w/hurricane shutters for every door & window ensuring your safety.
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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 | $519,920 | $519,920 | $519,920 |
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 | $394 | $394 | $394 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,459 | $3,456 | $4,458 |
Total Monthly Payment | $3,945 | $3,942 | $4,944 |
* 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.