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Welcome to the Pine Trace community. This quiet, single family, MAINTENANCE FREE community is nestled amongst the highly sought after area of Palm Aire. Palm Aire is home the Palm Aire Golf and Country Club with private membership opportunities for Golf, Fitness, Tennis, Pickleball, Water Aerobics and many social group gatherings to fit your lifestyle. Now is your opportunity to invest in a exceptionally well maintained, oversized, TURNKEY FURNISHED, 2 bedroom, 2 bathroom, 2 car garage single family home. While the property is governed by a condo association, make no mistake, here you will enjoy the Detached, One floor, Ranch style home that is most desirable. Recent updates to the property include: NEW AC December 2024, NEW WATER HEATER April 2025, NEW GARAGE DOOR and A NEWER ROOF April 2021. Kitchens and bathrooms were updated in 2017. The location provides quick access to I75, Downtown Sarasota, University Town Center Mall for shopping, SRQ Airport and excellent restaurants. Be sure to plan a visit to this wonderful home during your tour. Private showings available.
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.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$375,000
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 | $300,000 | $300,000 | $300,000 |
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 | $149 | $149 | $149 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $1,872 | $1,971 | $2,511 |
Total Monthly Payment | $2,096 | $2,195 | $2,735 |
* 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.