Available May 2024. Owner will consider an annual rental. Palmer Oaks, a gated community at the edge of South Sarasota's Palmer Ranch - close to I-75 and 5 miles to the white sands of Siesta Key beach. Built in 2011 by D R Horton, this three bedroom/two bath/two car garage home overlooks a pond and fountain. Spacious living room/dining room with new Luxury vinyl plank flooring as you walk through the front door. New upgrades such as LVP flooring in the living/dining room and a large custom closet in the Master bedroom. Relax and entertain in the combined family room and kitchen area with 18” ceramic tile floors, maple wood cabinets, granite countertops, stone backsplash and center island. Both bathrooms have granite countertops and there are dual sinks in the master bath. Two additional bedrooms and the lanai overlooking the pond create plenty of living space. Full size washer and dryer. The heated community pool is located nearby. Palmer Oaks is a maintenance free community conveniently located close to shopping, restaurants, markets, I-75, the Legacy Biking Trail and the world-famous Siesta Key Beach. This beautiful home is the perfect location for your Florida get a way. Available now for 6 months or longer. This home is a 3 month minimum rental. Annual rental rate is 3500 + utilities.
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Our Executive Mortgage Banker:
Our Insurance Division:
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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 | $4,640 | $4,640 | $4,640 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.159% | 6.296% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $31 | $31 | $39 |
Total Monthly Payment | $106 | $106 | $114 |
* 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.