5511 Avellino PLACE, Sarasota, FL, 34238 | $425,000

Under contract-accepting backup offers. Villagewalk is a gated, resort-style community offering the perfect place to call home. This impeccably maintained two-bedroom, two-bathroom Capri III Villa is ideally located on a serene waterfront lot. The open floor plan includes a spacious great room, and dining area, creating a bright and inviting living space. The great room features vaulted ceilings, neutral colors and laminate flooring. The kitchen is light-filled and well-appointed with newer appliances, ample cabinet space, and a closet pantry. Ceramic tile and laminate flooring throughout—there’s no carpet here. The primary suite boasts a walk-in closet with built-in organizers, a dual-sink vanity, and a walk-in shower. Guests will appreciate their own private suite, complete with a walk-in closet and a full bathroom. The laundry room is designed for convenience, offering additional cabinet storage and a utility sink. Step outside to your private screened lanai overlooking the tranquil water, the perfect spot to relax and enjoy the beauty of nature. Additional features include hurricane shutters, central vacuum, attic storage, and an alarm system. Built by DiVosta, this home is constructed with poured concrete reinforced for lasting quality. VillageWalk provides first-class amenities, including six Har-Tru tennis courts, geothermal heated lagoon and lap pools, pickleball courts, bocce ball, basketball courts, and miles of walking and biking trails. The community clubhouse offers a fitness center, meeting space, and a library. The vibrant Town Center includes a restaurant, hair salon, boutique, gas station, Tiki bar and onsite HOA office. An HOA manager and events coordinator keep the community calendar full of activities for residents. Golf carts are welcome, adding to the ease of navigating this well-planned neighborhood. Conveniently located in an A-rated school district, VillageWalk is close to Publix, the Legacy Bike Trail, Costco, Siesta Key Beach, medical facilities, dining, and more. Don’t miss the opportunity to own this exceptional home in one of Palmer Ranch’s most sought-after communities. Call today to schedule a private showing!

Features

  • Amenities: Basketball Court, Clubhouse, Fitness Center, Gated, Pickleball Court(s), Pool, Tennis Court(s)
  • Rooms: 4
  • Bedrooms: 2
  • Baths: 2 full
  • Laundry: Laundry Room
  • Style: Mediterranean
  • Year Built: 2001
  • Garage: 2-car Driveway
  • Heating: Central, Electric
  • Cooling: Central Air
  • Approx Sq. Feet: 1,534
  • Acreage: 0.11
  • Est. Taxes: $4,306
  • HOA Fee: $1,321 Quarterly
  • View: Water
  • Elem. School: Ashton Elementary
  • Middle School: Sarasota Middle
  • High School: Riverview High
  • Pet Policy: Breed Restrictions
  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range, Refrigerator, Washer
  • MLS#: A4631299
  • Days on Market: 2 days
  • Website: https://www.raveis.com
    /prop/A4631299/5511avellinoplace_sarasota_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/12/2024 3:33:04 AM)
Listing courtesy of TOWNCENTER REALTY   Phone: 941-929-9333

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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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5511 Avellino PLACE, Sarasota, FL, 34238

$425,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

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 $340,000 $340,000 $340,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.300% 6.778% 6.034%
Monthly Tax Payment $359 $359 $359
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $2,205 $2,177 $2,823
Total Monthly Payment $2,639 $2,611 $3,257

* 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.