Welcome to Botanica, a beautifully maintained community offering the best in maintenance-free living, ideally located in the heart of Palmer Ranch! This spacious 2-bedroom, 2-bathroom first-floor condo, with a versatile den that can easily serve as a third bedroom, provides the perfect blend of comfort and convenience. With wood and tile floors throughout, the home is bathed in natural light and features an intimate, welcoming layout that makes it perfect for everyday living.
The master suite is a true retreat, featuring two walk-in closets and a spa-like master bath with a separate garden tub, shower, and split vanities. The second bedroom offers ample space and storage, while the versatile den can easily serve as a guest room or home office. Additional conveniences include a separate laundry room and plenty of extra storage throughout. An attached one-car garage provides added privacy and ease of access.
The gated Botanica community offers a private street and an extensive list of services included in the association fee, such as maintenance of the exterior and grounds, water, sewer, cable TV, exterior insurance, and reserve funds. Residents enjoy access to two resort-style pools, a fitness room in the clubhouse, and beautifully manicured grounds with tranquil lakes, creating a serene and inviting atmosphere.
Just a short drive from the world-renowned Siesta Key Beach, as well as top dining, shopping, and the Legacy Trail, this condo offers an unbeatable location. Don’t miss out on this rare opportunity to own in this sought-after community. Schedule your showing today! Present lease ends 5/26/2025.
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Our Executive Mortgage Banker:
Our Insurance Division:
$419,900
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 | $335,920 | $335,920 | $335,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.250% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.386% | 6.623% |
Monthly Tax Payment | $353 | $353 | $353 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,235 | $2,292 | $2,903 |
Total Monthly Payment | $2,663 | $2,720 | $3,331 |
* 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.