Relaxed Casual Elegance best describes this recently renovated Palm-Aire Condo situated on a lush Golf Course Lot featuring a Split Bedroom Plan with Vaulted Ceilings, a Primary En-suite, an Updated Kitchen with granite countertops and new appliances, Updated Baths, and new LVP Flooring installed throughout. Upon opening the front door you will fall in love with the sweeping golf course view which can also be enjoyed while relaxing in the Bonus Room. The attached Oversized one car garage can house your car AND a golf cart! Newly renovated resort style Community Pool, Patio and Jacuzzi. Relax in your private garden enjoying nature while being in the heart of Sarasota conveniently located just minutes from the UTC Mall, fine dining, and theater. Downtown Sarasota and it’s renowned beautiful beaches are just a short drive away. The Optional Palm-Aire Country Club is a Private, Equity Ownership Club - Owned and Operated by the Members. There are two 18 Hole Golf Courses, 8 Championship Har-Tru Tennis Courts, 4 dedicated Pickleball Courts, a Fitness Center, Junior Olympic Size Heated Pool and, last but not least, a Million Dollar Clubhouse. Palm-Aire offers four types of Equity Ownerships: Full Equity, Sports Equity, Tennis Equity and Social Equity. . . something for everyone! Come take a look, you won’t be disappointed!!!
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Our Executive Mortgage Banker:
Our Insurance Division:
$362,000
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 | $289,600 | $289,600 | $289,600 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 7.375% | 6.990% | 5.990% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.708% | 7.133% | 6.256% |
Monthly Tax Payment | $194 | $194 | $194 |
H/O Insurance Payment | $75 | $75 | $75 |
Initial Principal & Interest Pmt | $2,000 | $1,925 | $2,442 |
Total Monthly Payment | $2,269 | $2,194 | $2,711 |
* 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.