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A must-see two-bedroom, two-bath villa in the pet-friendly and maintenance-free community of Royal Palm Villas. This community offers many amenities for easy living. Conveniently located to top attractions in the area, such as Lido Beach, downtown Sarasota, Sarasota-Bradenton Airport, Ringling Museum, Ringling College, St. Armands, shopping and fine dining restaurants. As you step inside, you will notice the beautiful tile floors, high cathedral ceilings with three skylights, two new, and an enclosed lanai with new vinyl sliding windows. The home has many recent updates, including a new roof installed February 2025, new air-conditioning unit in 2022, new electrical panel in 2021, new stainless steel appliances in 2019 and a new water heater in 2018. Bright and airy with plenty of natural light, the main living area has an open floor plan with a large living room that flows into a dining area. The kitchen is outfitted with stainless steel appliances, tile backsplash, washer and dryer and breakfast bar. The primary bedroom is just off the back lanai, with an en-suite bath with a walk-in shower and large walk-in closet. The guest bedroom provides privacy for your visitors with a guest bath. Off the living room is a spacious tiled Florida room that is essentially an enclosed porch, ideal for enjoying Florida's mild climate year-round and large enough to accommodate comfortable seating and dining areas. Royal Palm Villas condominium fees include cable TV, a community pool, an assigned parking spot, escrow reserve funds, insurance, exterior maintenance, grounds maintenance, sewer, trash and water. Two domestic pets allowed for owners up to 35 pounds. The minimum lease period is 30 days, one time per year. Make your appointment to see this amazing villa!
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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 | $151,920 | $151,920 | $151,920 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.500% | 6.990% | 5.875% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.095% | 7.141% | 6.152% |
Monthly Tax Payment | $79 | $79 | $79 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $960 | $1,010 | $1,272 |
Total Monthly Payment | $1,114 | $1,164 | $1,426 |
* 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.