Stunning Newer Home in Promenade Estates, Palmer Ranch. Welcome to this immaculate 4-bedroom, 2. 5-bathroom single-family home situated on a prime corner lot in the sought-after Promenade Estates community, located in the heart of Palmer Ranch, Sarasota. Built in 2021, this property offers contemporary design, thoughtful upgrades, and the perfect blend of comfort and style. This bright and spacious home features an open floor plan with abundant natural light and high ceilings. The gourmet kitchen is equipped with stainless steel appliances, granite countertops, a large island, and ample cabinetry, making it a dream for any chef. The elegant owner’s suite boasts a walk-in closet and a spa-like ensuite bathroom with dual vanities and a walk-in shower. Three additional bedrooms provide ample space for family, guests, or a home office, while the laundry room adds convenience with extra storage space. The home also includes an attached two-car garage. Outdoor living is a breeze with a covered lanai overlooking the lush landscaping. The spacious corner lot offers extra privacy and plenty of room for future enhancements. Promenade Estates is a gated community that provides residents with resort-style amenities, including a pool, clubhouse, fitness center, and playground. The neighborhood offers easy access to top-rated schools, Siesta Key beaches, shopping, dining, and the Legacy Trail, a favorite for biking and walking enthusiasts. This move-in-ready home combines the best of Sarasota living with modern conveniences and a prime location. Schedule your private showing today!
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Our Executive Mortgage Banker:
Our Insurance Division:
$599,000
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 | $479,200 | $479,200 | $479,200 |
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 | 7.330% | 7.171% | 6.538% |
Monthly Tax Payment | $457 | $457 | $457 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $3,188 | $3,185 | $4,109 |
Total Monthly Payment | $3,737 | $3,734 | $4,658 |
* 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.