2bed/2bath + Den luxury Resort Style Amenities Condo in Esplanade on Palmer Ranch – 12413 Osorio Ct Unit 103
This 1700+ sq. ft. furnished Sarasota condo in the heart of Palmer Ranch is already pulling its weight, bringing in over $6, 300/month rent through March 2025. A built-in income stream with a future all your own. If you’re buying for yourself, the deal is just as attractive and you can be living here in under two months’ time.
Luxury, resort-style amenities of the complex take living here to the next level: an olympic pool for vacation vibes year-round, a huge 24/7 fitness center with new technology machines, spa, pickle ball and tennis courts, bocce, on-site Bahamas bar with restaurant and full bar, playground, splashy, dog parks, fire pit and a gorgeous clubhouse with live music and a very active social calendar to make every day feel like a getaway. Despite of these amazing amenities the association does not have CDD. Additionally there is a direct access to the Legacy Trail - bike and run trail which goes through the entire county.
The unit’s open floor plan shines with a gourmet kitchen featuring granite countertops and stainless-steel appliances, flowing into a bright, high ceiling living space. The screened lanai offers an effortless escape—your own slice of tranquility with preserve view.
The primary suite feels like a private retreat with its spa-inspired ensuite and spacious 2 walk-in closets. An additional bedroom and den offer endless flexibility for guests, hobbies, or even a home office.
Located minutes from Sarasota’s world-famous beaches, top-tier dining, convenient shopping, and vibrant culture, this property is an income-producing dream today and a luxurious haven tomorrow.
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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 | $375,920 | $375,920 | $375,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 7.125% | 6.250% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.330% | 7.295% | 6.538% |
Monthly Tax Payment | $386 | $386 | $386 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,501 | $2,533 | $3,223 |
Total Monthly Payment | $2,962 | $2,994 | $3,684 |
* 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.