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Here is your opportunity to live conveniently close to everything in the beautiful Palmer Ranch neighborhood of Plaza De Flores. This well maintained community boasts brand new roofs, along with Mediterranean-style courtyards with fountains, palm trees, and lovely plantings that epitomize Florida living. Not only is the location ideal, but this condo has been newly updated (2024) with luxury vinyl flooring throughout, and a kitchen that boasts quartz countertops, new appliances, sink and subway tile backsplash, as well as new soft-close lower cabinets. The bathrooms have received new vanities, sinks, mirrors, toilets, and hardware. This second-floor unit was recently painted to enhance the high ceilings, and there is a lovely view of the pond, fountain, and pool from the screened-in lanai. Additional improvements include new lighting, fans, and baseboards, along with a new hot water heater. The community's common area features a clubhouse with kitchen and small library, a heated and cooled pool, hot tub, fitness room, and tennis court. Cable, water, trash/recycling/sewer, and one covered carport space (#4) are included in the monthly dues. Plaza De Flores is right next to Stoneybrook Nature Trail which leads to the Legacy Trail for your walking and biking pleasure. Your favorite beaches at Siesta, Turtle, Nokomis, Lido, Venice and more are all within reach. Shopping (including Costco) is right around the corner, so you can easily find everything you are looking for. Plaza De Flores is conveniently located between downtown Sarasota to the north and Nokomis and Venice to the south, so you can enjoy all of the culture, restaurants, golf, boating, arts and entertainment in the area. Investor alert: this unit is currently rented to bring in instant cashflow. Whether looking to reside in Florida year-round, part-time, or as a landlord, make this your new destination today!
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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 | 6.995% | 7.050% | 6.132% |
Monthly Tax Payment | $216 | $216 | $216 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,647 | $1,734 | $2,210 |
Total Monthly Payment | $1,938 | $2,025 | $2,501 |
* 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.