Welcome to your maintenance-free oasis in the vibrant Palm Aire Country Club community! Nestled within this active and sought-after neighborhood, this villa offers the perfect blend of convenience, comfort, and Florida living. As you step through the tropical front paver courtyard, adorned with an iron gate, you're greeted by the allure of double entry doors with tall windows leading into a spacious and inviting open living room and dining room area. The built-in credenza adds both style and functionality to the space. This charming villa boasts 2 bedrooms, 2 bathrooms, and a versatile den/office, providing ample room for both relaxation and productivity. The highlight of the home is the large wall-to-wall windowed enclosed lanai, offering panoramic views of the surrounding beauty. The primary bedroom is a sanctuary of comfort, featuring a generous walk-in closet and an ensuite bathroom for added convenience. The large guest room is equally impressive, offering natural light and abundant closet space along an entire wall. Prepare culinary delights in the eat-in kitchen, equipped with granite countertops, newer stainless-steel appliances, and a convenient breakfast bar. Adjacent is an interior laundry room leading to the garage, with freshly painted floor and plenty of storage space. Throughout the villa, you'll find ceiling fans providing a gentle breeze and enhancing comfort. Step outside to your private backyard, enclosed by a rear wall and lush plantings, offering a serene retreat for outdoor relaxation. Condo fees cover exterior and landscape maintenance, ensuring hassle-free upkeep of your exterior space. Plus, enjoy the peace of mind knowing that a new roof was installed in 2023, with exterior painting completed 2024. Residents of this community have the privilege of walking distance access to the heated community pool and clubhouse, perfect for socializing and staying active. Optional memberships are also available at the Palm Aire Country Club, enhancing your lifestyle with additional amenities and recreational opportunities. Don't miss this opportunity to own a well-kept villa in the heart of Palm Aire. Experience the epitome of carefree living in this delightful home surrounded by all the comforts and conveniences you desire. Just a 15-minute drive from this community is downtown Sarasota, with shopping, arts & theatres, museums, dining and entertainment, top-ranked healthcare, beaches and SRQ International Airport. Two miles east is the convenience of I-75, University Town Center with 300 nationally known and homegrown shops, restaurants, fitness studios, services and attractions and the Nathan Benderson Park, home of world-class rowing events.
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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 | $276,000 | $276,000 | $276,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.250% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.655% | 7.146% | 6.276% |
Monthly Tax Payment | $388 | $388 | $388 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,883 | $1,834 | $2,328 |
Total Monthly Payment | $2,346 | $2,297 | $2,791 |
* 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.