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Under contract-accepting backup offers. This inviting detached villa is nestled on a charming cul-de-sac and offers a rare combination of privacy, tranquility, and affordability. As a single-family home in the maintenance-free Pine Trace community, it provides a unique opportunity to enjoy a carefree lifestyle in the heart of Sarasota. The recent storms flooding highlighted the home's resilience, as it remained dry and is located outside of all evacuation zones. The HOA takes care of yard maintenance, roof repairs (new in 2023), and the home's exterior, including paint. HVAC was replaced in 2024, providing additional peace of mind. Insurance is also included in the monthly fee, eliminating any potential challenges in acquiring coverage. The open floor plan with vaulted ceilings creates a spacious and welcoming atmosphere. The expansive 3-season room, adorned with wrap-around windows, offers versatile living space that can easily be converted into a lanai. The large laundry room with a sink and included washer and dryer adds to the home's convenience. The kitchen features newer stainless-steel appliances, ample counter space and storage, and plenty of space for a table. The adjacent dining room will accommodate large family gatherings, making it perfect for entertaining. The primary bedroom is generously sized and includes a bonus area that can be used as an office, workout space, or sitting area. Complete with a large walk-in closet, the attached, beautifully updated primary bathroom features two vanities with granite counters and a fully tiled shower with a sliding glass door. While some updates may be desired, many major ones have already been completed. The home boasts superior features not easily found in comparable new builds or other communities. The close-knit neighborhood fosters a sense of community, where you will often see bike riders, dog walkers and joggers enjoying the quiet streets beneath the beautiful shade trees. Residents also take advantage of the fantastic amenities of the nearby Palm Aire Country Club, where a low membership fee grants access to the pool and tennis courts, perfect for an active and leisurely lifestyle. The large fenced-in yard is a sought-after feature, offering endless possibilities for gardening, entertaining, and enjoying outdoor activities. The location is truly unbeatable, with easy access to I-75, countless shopping and dining options, UTC, downtown, Lakewood Ranch, and the area's most incredible beaches. Be sure to schedule your private tour so you can experience the exceptional qualities of this home firsthand.
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Our Executive Mortgage Banker:
Our Insurance Division:
$330,000
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 | $264,000 | $264,000 | $264,000 |
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 | 7.007% | 7.050% | 6.132% |
Monthly Tax Payment | $384 | $384 | $384 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,647 | $1,734 | $2,210 |
Total Monthly Payment | $2,106 | $2,193 | $2,669 |
* 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.