Discover this STUNNING three bedroom townhome nestled on a PREMIUM LOT in the upscale, GATED community of Promenade East at Palmer Ranch. Boasting breathtaking, UNOBSTRUCTED PRESERVE VIEWS that will remain UNTOUCHED, this exceptional residence offers a unique blend of luxury, tranquility, and natural beauty. Plus, enjoy added peace of mind knowing NO FLOOD INSURANCE is required for this home. Step through the threshold and be greeted by an inviting foyer that effortlessly flows into a GRAND great room, perfect for creating lasting memories with family and friends. The heart of this home, the GOURMET kitchen, is a chef's paradise featuring gleaming GRANITE countertops, an EXPANSIVE island, SLEEK stainless-steel appliances, and a roomy closet pantry. The OPEN FLOOR PLAN is ideal for entertaining, seamlessly connecting the living spaces to ensure your guests feel right at home. Adorned with elegant tile flooring throughout, EASY cleanup and lasting DURABILITY is top of mind. Ingeniously designed, the space under the stairs is optimized for additional STORAGE. Beyond the sliding glass doors lies a captivating SCREENED-IN lanai, your personal retreat to unwind and soak in the serene surroundings. The preserve view is PROTECTED, guaranteeing a LIFETIME OF PRIVACY and tranquility. Ascend to the upper level where you'll find beautifully designed bedrooms and a conveniently located laundry room. The Owner's Suite is a TRUE SANCTUARY, offering sweeping views of the preserve, a spacious layout, and a WALK-IN closet with CUSTOM built-ins. The luxurious ensuite features DUAL SINKS and a walk-in shower, providing a SPA-LIKE experience. The additional bedrooms are generously sized, with one featuring extra space perfect for a home office or creative workspace. Residents of this gated community of Promenade East enjoy a range of exceptional amenities, including a community pool with open-air cabanas, a covered pavilion equipped with a BBQ area, and beautifully landscaped common areas. One of the standout features of this community is its proximity to the renowned Legacy Trail. Just a short stroll or bike ride away, the Legacy Trail provides over 20 miles of scenic pathways, perfect for cycling, jogging, or a leisurely walk-through nature. This extensive trail system connects Sarasota to Venice and offers an unparalleled opportunity for outdoor recreation and fitness. In addition to its enviable location near the Legacy Trail, Promenade East at Palmer Ranch is conveniently situated close to a range of local attractions. Residents can enjoy easy access to top-rated schools, fine dining, upscale shopping, and world-class golf courses. The beautiful Gulf Coast beaches, known for their pristine sands and stunning sunsets, are just a short drive away, making weekend getaways both effortless and enjoyable. Promenade East at Palmer Ranch is more than just a place to live; it's a lifestyle. With its harmonious blend of natural beauty, luxurious living spaces, and proximity to Sarasota's finest offerings, this community is the ideal choice for discerning homeowners. Discover your dream home at Promenade East, where every day feels like a vacation.
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$430,000
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 | $344,000 | $344,000 | $344,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.125% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.483% | 6.273% | 5.268% |
Monthly Tax Payment | $316 | $316 | $316 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,090 | $2,090 | $2,719 |
Total Monthly Payment | $2,481 | $2,481 | $3,110 |
* 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.