Welcome to Palm Lakes, a hidden gem of single-family maintenance-free homes nestled behind a gated entrance near the University Parkway corridor. This exceptional community offers unparalleled convenience, with easy access to key destinations such as UTC, Whole Foods, Trader Joe's, Nathan Benderson Park, and Sarasota Bradenton International Airport.
This particular home is a rare and much-coveted end lot that provides enhanced privacy and features a charming fenced entrance, perfect for gardening or accommodating your furry friends. Inside, you will find an updated and move-in-ready two-bedroom, two-bathroom layout that includes additional work or seating space in the master bedroom. The spacious one-car garage offers extra overhead storage and a fast-track organization system.
The entire home has been tastefully updated with a calming soft greige paint palette, luxury vinyl plank flooring throughout, modern black door hardware, and elegant lighting fixtures. The seamless open floor plan allows for easy entertaining, boasting generously high ceilings and an abundance of natural light. The extra-large living room flows effortlessly into the dining area and kitchen, which features fresh white cabinets, Corian countertops, stainless steel appliances—including a brand new refrigerator—and a large breakfast bar ideal for great conversations.
The guest bedroom is charming and connected to the fully renovated guest bathroom for added privacy. The master suite offers direct access to a brand new screened lanai, along with an extra seating or work area and a large walk-in closet. The ensuite bathroom is thoughtfully designed with double sinks, updated lighting, and a brand new toilet in a private water closet. Additional upgrades include a newer hot water heater, a sink in the spacious laundry room, and new pavers at the front entrance.
In this beautifully maintained community, you can get to know your new neighbors at the clubhouse or enjoy a refreshing dip in the heated community pool. Experience the best of Sarasota with its award-winning beaches—Lido Beach is just 20 minutes away and Siesta Beach under 30 minutes. The thriving cultural scene of downtown Sarasota is only a 15-minute drive away, offering access to the opera, ballet, symphony performances, and numerous top chef-owned restaurants. St. Armands Circle is also just a short 15-minute drive away, featuring an array of shops and dining options. Come see why this home is your new spot in paradise!
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Our Executive Mortgage Banker:
Our Insurance Division:
$399,000
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 | $319,200 | $319,200 | $319,200 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | $402 | $402 | $402 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,124 | $2,097 | $2,692 |
Total Monthly Payment | $2,601 | $2,574 | $3,169 |
* 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.