Experience urban living in this new construction corner-unit townhouse in Downtown Sarasota's Payne Park Village. Living in Downtown Sarasota offers unmatched convenience and luxury, with top-tier restaurants, bars, retail shops, and cultural venues all within walking distance. Residents enjoy easy access to outdoor activities at Marina Jack and Bayfront Park, along with the stunning new Quay Sarasota Bayfront Park. Plus, with Sarasota Memorial Hospital, Lido Key Beach, and St. Armands Circle just minutes away, everything you need for a vibrant lifestyle is right at your doorstep. This residence offers three bedrooms and three bathrooms, thoughtfully designed for both comfort and style. The gourmet kitchen is a chef's desire, featuring timeless shaker-style 42” cabinets, elegant quartz countertops, and a large island with bar-style seating—an upgraded feature from the builder. Stainless steel appliances, including a drop-in glass cooktop, built-in oven, and microwave, add to the kitchen's sophistication and utility, along with an upgraded water filtration system. On the second floor, the open-concept living and dining area is covered in natural light, with laminated wood flooring that adds warmth and character. The master bedroom, also with laminated wood flooring, provides a quiet retreat, while the guest bedrooms offer cozy carpeting. Conveniently located on the third floor, the laundry room is fully equipped with a high-end washer and dryer with storage. The oversized two-car garage offers direct access to a welcoming foyer, complete with storage for shoes, bags, and jackets, and a built-in bench. Residents of the gated Payne Park Village enjoy exclusive access to a community heated pool and jacuzzi, complemented by a covered lanai—perfect for relaxing with family and friends. With low HOA fees and no CDD, this townhome is a rare find. Its prime location, directly across from the pet-friendly Payne Park, offers easy access to greenbelt areas, a pond with a fountain, a disc golf course, and tree-lined paths. The park also features a skate park, café, tennis courts, and the popular Circus Park playground. Additionally, The Legacy Trail, extending from Downtown Sarasota to Venice, is just steps away, providing endless opportunities for outdoor activities. This impeccably built David Weekly townhome, combined with its unbeatable location and competitive pricing, makes it a standout opportunity in the downtown Sarasota market. Don’t miss your chance to call this stunning residence home!
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $759,200 | $759,200 | $759,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.625% | 6.625% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.620% | 6.735% | 6.806% |
Monthly Tax Payment | $243 | $243 | $243 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,924 | $4,861 | $6,666 |
Total Monthly Payment | $5,259 | $5,196 | $7,001 |
* 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.