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SELLER PROVIDING A $5, 000 CREDIT FOR THE BUYER TO APPLY TOWARDS CLOSING COSTS AND PREPAID EXPENSES. Experience the pinnacle of luxury living in this stunning modern home, crafted by Taylor Morrison. Welcome to your ideal residence in Esplanade at the Heights! This community embodies a resort-style lifestyle, featuring TENNIS and PICKLEBALL courts, a POOL, and a FITNESS and RECREATIONAL CENTER, allowing residents to unwind or engage in various activities as they please. We invite you to explore the VIRTUAL TOUR.
This thoughtfully designed home includes 3 spacious bedrooms, a DEN/office, and 3 bathrooms, providing ample space and comfort. The open floor plan enhances natural light and fosters a sense of spaciousness. The residence boasts generous closet storage and a well-equipped laundry room. The kitchen and living areas are accentuated by sleek stainless-steel appliances and stylish lighting, combining functionality with aesthetic appeal. Step outside to your private oasis, complete with a pool and ample space for dining, relaxation, and entertainment. The property also includes a 2-car garage and is located in a maintenance-free community with very low HOA fees. This beautifully LIGHT AND BRIGHT Lazio model home features 10' ceilings and 8' doors throughout. The gourmet kitchen is equipped with 42" wood cabinets, a large center island, quartz countertops, a gas stove, and a convection oven. The main areas are adorned with elegant large porcelain tile flooring. The primary bedroom suite offers a spacious walk-in closet and an attached bathroom with a double sink vanity and an oversized shower. Enjoy the inviting swimming pool and jacuzzi in the evenings, overlooking the picturesque lake and savoring Florida sunsets right from your lanai! You will be captivated by the meticulously maintained grounds, wide roads, and completely private walking paths on the hill, offering panoramic views of Sarasota. At the heart of the community lies Mt. Tumalo, the highest point in the area, which offers scenic trails, fitness stations, and stunning sunset views from its summit. The community benefits from low HOA fees and no CDD fees, which is certainly advantageous.
Location: The Esplanade at the Heights boasts an excellent location just west of I-75, accessible via Honore Ave. Nestled within the University Parkway corridor, it adjoins both Sarasota and Manatee Counties. The community is adjacent to Mote Ranch and is in close proximity to Palm Aire, Palm Aire Country Club, University Park Country Club, as well as upscale shopping options like Whole Foods and Fresh Market. Residents can enjoy a variety of fine and casual dining establishments, along with convenient healthcare services. The world-renowned beaches of Sarasota and Manatee Counties, SRQ airport, downtown Sarasota, Bradenton, Lakewood Ranch, and the University Town Center are all just minutes away. Additionally, across the lake, Jigg's Landing offers a public park complete with boat ramps, recreational areas, a concession stand, boat rentals, and live entertainment.
Discover this pristine gem in a fantastic location. This home is rated a perfect 10 out of 10 and is ready for immediate move-in. This impeccably crafted residence blends contemporary features with classic charm, making it an ideal setting for creating cherished memories. Seize the opportunity to own this remarkable property—schedule a tour today and make your real estate aspirations a reality!
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
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To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$885,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $708,000 | $708,000 | $708,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.500% | 6.375% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 6.848% | 6.613% | 6.560% |
Monthly Tax Payment | $582 | $582 | $582 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,302 | $4,475 | $6,119 |
Total Monthly Payment | $4,976 | $5,149 | $6,793 |
* 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.