One or more photo(s) has been virtually staged. This beautiful townhouse, built in 2022, is located in the desirable and gated Palmer Ranch community: Promenade East. Situated close to the I-75 & Clark Rd. , adjacent to the Legacy Trail, this area offers a perfect blend of tranquility and accessibility, with top-rated schools nearby (Ashton Elementary, Sarasota Middle School).
Townhouse is only a 10 minute drive from Siesta Key – home to one of the finest beaches in the United States.
This townhouse features upgraded premium vinyl flooring enhancing its sleek and contemporary feel. The master bathroom has been tastefully upgraded with a luxurious free-standing tub, porcelain large format tiles on the walls and floor and elegant new fixtures. The half-bath has been updated with oversized mirrors and a wall-mounted vanity. A UV light was installed in the A/C system for the purpose of air sanitization (UV-C light can kill airborne microorganisms like bacteria, viruses and mold spores as the air circulates through the HVAC system). This helps to improve indoor air quality by reducing the number of harmful contaminants in the air. The convenience of an in-unit laundry closet comes complete with a washer and dryer included in the sale. Residents will enjoy easy access to the community pool (200 feet away) and the unit's prime location, offering the most stunning views of 2 ponds. This townhouse is one of only 5 units in the entire subdivision with views of two ponds (one in the back and one in the front). This townhouse also has an additional parking available across the street. The rear of the unit faces the preserve, ensuring a private and serene setting.
The home is adorned with updated elegant light fixtures and fans, providing a warm and inviting ambiance. The kitchen is a chef’s dream, equipped with a large sink and a spacious walk-in pantry. The screened lanai is perfect for relaxing and enjoying the picturesque surroundings and wildlife.
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William Raveis Real Estate
Phone: 888.699.8876
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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 | $345,600 | $345,600 | $345,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.375% | 6.125% | 4.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.512% | 6.273% | 5.248% |
Monthly Tax Payment | $348 | $348 | $348 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,156 | $2,100 | $2,731 |
Total Monthly Payment | $2,579 | $2,523 | $3,154 |
* 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.