**THIS PROPERTY QUALIFIES FOR A 1% LENDER INCENTIVE IF USING PREFERRED LENDER. INQUIRE FOR MORE DETAILS. ** Nestled at the end of a quiet cul-de-sac in the sought-after gated community of Avalon at the Villages of Palm Aire, this rarely available 2-bedroom, 2-bath villa with a den offers a serene retreat with an exceptional layout. A spacious great room, complemented by a versatile den, welcomes you into a meticulously maintained interior, featuring elegant crown molding, engineered hardwood floors, and tile throughout—no carpeting to worry about. The kitchen is a true showstopper, equipped with a suite of stainless steel appliances. The expansive center island offers abundant storage, making it a perfect space for entertaining. Natural light pours in through the hurricane-impact windows, while plantation shutters add a touch of sophistication to each room. The great room boasts a charming electric fireplace, and sliders to the lanai are protected with hurricane shutters. The lanai itself overlooks a peaceful preserve, offering a private, tranquil setting. Additional updates include a new HVAC system installed in November 2023 and a tile roof replaced in 2018. The Avalon community offers unbeatable value with its low quarterly HOA fees, covering a heated pool, cable, lawn maintenance, roof cleaning, exterior painting, and more. Enjoy the convenience of being just minutes from the premier shopping at UTC Mall, Sarasota Airport, and the area's stunning beaches, all with quick access to I-75. Plus, an optional membership at Palm Aire Country Club enhances your lifestyle with exceptional amenities and exclusive offerings.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$440,000
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 | $352,000 | $352,000 | $352,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.875% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.204% | 7.159% | 6.256% |
Monthly Tax Payment | $482 | $482 | $482 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,312 | $2,340 | $2,968 |
Total Monthly Payment | $2,869 | $2,897 | $3,525 |
* 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.