Wonderful 3 bedroom, 2 1/2 bath, 1855 sq ft town home in Palma Sola Trace. Centrally located between Manatee Ave and Cortez makes for easy access to Anna Maria Island and beaches. This home features block construction on both floors and hurricane rated windows. Newer AC 2022 and new roof 2024. This home has a one car garage leading to the kitchen. For ease of unloading groceries. The kitchen features stainless appliances, wood cabinets solid surface counters and a closet pantry. With an open floor plan the kitchen leads to the dining room with a tray ceiling and half bath. The living room has sliding doors leading to the screened in covered lanai. Great to enjoy the outdoors or entertaining with a garden view. Upstairs you will find the bedrooms, and laundry closet. This home has split bedrooms. The large master bedroom has a large walk in closet and ensuite bathroom. The two guest bedrooms are spacious and share a guest bath. The second floor also consists of a laundry closet for easy access and convenience. Palma Sola Trace is close to Anna Maria Island and beaches, a great plaza at the end of the street, groceries, Home Goods, many more shops and restaurants. Within walking or golf cart range. Palma Sola Trace is maintenance free, with great amenities. including a heated resort style pool, state of the art fitness center, club house with kitchen, playground and biking trails. Close to Cortez village, Desoto Park, Robinson Preserve, great restaurants, shopping and beaches. Close to IMG and Sarasota airport.
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Our Executive Mortgage Banker:
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$385,000
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 | $308,000 | $308,000 | $308,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.352% | 7.042% | 6.160% |
Monthly Tax Payment | $506 | $506 | $506 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,023 | $2,023 | $2,578 |
Total Monthly Payment | $2,604 | $2,604 | $3,159 |
* 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.