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Welcome to 7157 Fairway Bend Circle, a beautifully renovated 2-bedroom, 2-bath villa with a versatile den, situated on a peaceful cul-de-sac in the highly desirable Palm Aire community. This stunning 2, 056-square-foot home was thoughtfully updated in 2024 with fresh interior and exterior paint, new lighting, and luxury vinyl plank flooring throughout.
The living room is impressively large, offering ample space for both relaxation and entertaining. The completely remodeled kitchen features Frigidaire appliances, soft-close cabinetry, granite countertops, and stylish lighting, making it both functional and elegant. The thoughtfully designed layout provides privacy and comfort, with the guest bedroom and bath located at the front of the home, while the primary suite is tucked away in the back.
The primary suite boasts a walk-in closet, two additional closets, a walk-in shower, and a single-sink vanity, complemented by functional pocket doors. Sliding doors from the primary bedroom lead to a cozy den, which connects to the enclosed, air-conditioned lanai with elegant porcelain tile flooring—perfect for year-round relaxation or entertaining.
Practical upgrades include a 2022 roof, a 2025 HVAC system, an epoxy-coated garage floor (2025), and a 2016 water heater. Palm Aire offers residents access to a heated community pool, clubhouse, and shuffleboard courts, with optional golf memberships available.
Conveniently located near Sarasota’s top attractions, including the airport, University Town Center, downtown, and the beautiful Gulf beaches, this villa combines modern living with an unbeatable location. Don’t miss the chance to make this beautiful property your new home.
One or more photos have been virtually staged.
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Our Executive Mortgage Banker:
Our Insurance Division:
$405,900
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 | $324,720 | $324,720 | $324,720 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.875% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.995% | 7.050% | 6.112% |
Monthly Tax Payment | $404 | $404 | $404 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,026 | $2,133 | $2,718 |
Total Monthly Payment | $2,505 | $2,612 | $3,197 |
* 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.