You only get one chance to be the first to live in a brand new home, and this is it! Just completed and ready for you. Located in the Master Community of Palmero. A wonderful, Open, floorplan awaits you. Spacious is the word here as this 3 Bedroom, 2 and 1/2 Bath home has almost 2, 400 square feet of living area. You will love the kitchen with a gas stove, stainless steel appliances, an oversized walk-in pantry, a large island and plenty of cabinet space. Washer & Dryer are included. All this plus a multi-purpose room that can be an office or den or TV room, use your imagination. Outside maintenance, pest control and AC service are included in the rent. Relax in the screened lanai which looks out to the beautiful lake. Palmero has great amenities, a Resort style heated pool, spa, water play area, a playground, ½ basketball court, grill and a dog park. Conveniently located and an easy drive to just about anywhere in Sarasota and Venice. If bicycling is your passion, then you will love having The Legacy Trail nearby which takes you to Sarasota or south to Venice. Pet Friendly! 1 small dog, 35 lbs or less with owner approval. Sorry no cats. Don’t let this opportunity pass you by. Be the First to live in this brand new home.
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Our Executive Mortgage Banker:
Our Insurance Division:
$2,950
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 | $2,360 | $2,360 | $2,360 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.000% | 6.875% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.477% | 7.055% | 6.256% |
Monthly Tax Payment | N/A | N/A | N/A |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $16 | $16 | $20 |
Total Monthly Payment | $91 | $91 | $95 |
* 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.