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Beautiful Water View! Modern Living in Gated Community - Promenade Estates – Palmer Ranch
Experience the perfect blend of comfort and convenience in this stunning 4-bedroom, 2-bathroom, one-story home with a 2-car garage in Promenade Estates – Palmer Ranch. Built in 2020, this home offers pristine interiors and a serene pond view with a picturesque fountain, creating an ideal setting for relaxation.
Step inside to discover an open-concept layout designed for modern living. The kitchen features newer stainless steel appliances, seamlessly connecting to the dining and living areas for effortless entertaining. The spacious master suite offers enhanced privacy, complete with a great size walk-in closets and direct access to the primary bathroom. With ample space throughout, this home provides the perfect balance of functionality and style.
Promenade Estates is a resort-style community, offering a variety of amenities, including a swimming pool, playground, dog park, basketball court, beach volleyball court, and a water splash pad with slides. Nestled within an A-rated school district, this location is just 8 minutes from the nationally ranked Pine View School for the Gifted, a short 7-minute bike ride to the Sarasota Legacy Trail, and approximately 20-25 minutes from the world-renowned Siesta Key Beach. Everyday essentials, including groceries and banks, are just 5 minutes away, while a wide selection of dining options can be reached within 10 minutes.
Don’t miss your chance to own this immaculate home in one of Sarasota’s most sought-after communities. Schedule your personal tour today and envision your future in Promenade Estates – Palmer Ranch!
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Our Executive Mortgage Banker:
Our Insurance Division:
$525,000
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 | $420,000 | $420,000 | $420,000 |
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 | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | $473 | $473 | $473 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $2,620 | $2,759 | $3,516 |
Total Monthly Payment | $3,185 | $3,324 | $4,081 |
* 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.