Discover a stunning custom contemporary home in the Misty Oaks neighborhood of the prestigious Palm Aire Country Club. This spacious residence offers 2, 656 square feet of living space, featuring three bedrooms, two full bathrooms, a dedicated office, and an oversized garage with an additional bay for a golf cart and a climate-controlled workroom. Step into the great room, where soaring 15-foot ceilings, expansive windows, and five new skylights flood the space with natural light, creating an open, airy atmosphere. The room boasts a fireplace, wet bar, and seamless access to the lanai, where you’ll find a free-form heated pool with four waterfalls, a sunken gas-heated spa, and plenty of room for outdoor entertainment. The modern kitchen is fully updated, showcasing solid maple cabinets, granite countertops, and built-in stainless steel appliances. A custom backlit glass-block island includes a downdraft cooktop and wine rack, offering both style and functionality. The primary suite is a private retreat, featuring a 12-foot wall closet with extra storage above, and a luxurious ensuite bathroom. The bathroom is adorned with Travertine marble, dual sinks with solid maple cabinetry, a vanity, sunken jetted tub, separate water closet, and a large walk-in shower. Double pocket doors lead to a custom office complete with a modular workstation, bookcase, and desk, all included. The second bedroom/den offers flexibility, with a large walk-in closet and access to a full bathroom. This bathroom is designed with elegance, including a floating underlit cabinet, glass vessel sink, and frameless walk-in shower. The third bedroom also features a spacious walk-in closet and enjoys serene views of the pool and the 5th fairway of the Lakes Golf Course. This home comes with peace of mind thanks to a 2022 roof featuring a GAF 50-year warranty and a 15-year wind damage warranty. Full hurricane protection for all openings, confirmed by a 2022 Wind Mitigation Report, ensures reduced homeowners insurance costs. Additional perks include no CDD fees and a low HOA fee of just $16/month. Conveniently located west of I-75, this home is just a short drive from the white sandy beaches of the Gulf, SRQ airport, cultural attractions such as the Ringling Museum, theaters, MOTE Aquarium, downtown Sarasota and the mall at UTC.
Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.
Our family of companies offer our clients a new level of full-service real estate. We shall:
To learn more about our credentials, visit raveis.com today.
Our Executive Mortgage Banker:
Our Insurance Division:
$825,000
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 Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
---|---|---|---|
Loan Amount | $660,000 | $660,000 | $660,000 |
Term | 360 months | 360 months | 180 months |
Initial Interest Rate** | 6.750% | 6.750% | 6.750% |
Interest Rate based on Index + Margin | 8.125% | ||
Annual Percentage Rate | 7.333% | 6.876% | 6.936% |
Monthly Tax Payment | $422 | $422 | $422 |
H/O Insurance Payment | $92 | $92 | $92 |
Initial Principal & Interest Pmt | $4,281 | $4,281 | $5,840 |
Total Monthly Payment | $4,795 | $4,795 | $6,354 |
* 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.